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Stock damaged in recent floods

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..... Hello Sir, I have a doubt regarding damage stock insurance claim GST ITC. We have purchases and already input claimed at the time of purchase. But in September due floods 15 Lakh stock damaged. We are .....

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..... claiming insurance but insurance company said that we will consider without GST only. GST part will discuss with GST department. Please guide me what is the procedure regarding this in GST department .....

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..... insurance company - Reply By Amit Agrawal - The Reply = There are may facets to the issue raised and needs further facts. Examples: Are you a trader, manufacturer or service provider? Whether subject .....

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..... gods are inputs, capital goods or intermediate goods? Whether goods are only damaged (i.e. usable for business after carrying out repairs etc.) or destroyed (i.e. unusable and to be sold as scrap)? O .....

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..... ne may refer to discussion we had under Issue-ID: 118820 bearing subject-line as SEC 17(5)(h) for some clarity on various issues involved. These are ex facie views of mine and the same should not be c .....

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..... onstrued as professional advice / suggestion. - Stock damaged in recent floods - Query Started By: - CHAMANTHI BUDDAVARAPU Dated:- 22-11-2024 Last Replied Date:- 22-11-2024 Goods and Services Tax - .....

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..... GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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..... axTMI - TMITax .....

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