Home Forum Goods and Services Tax - GST Month 10 2023 2023 (10) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
SEC 17(5)(h) - Goods and Services Tax - GSTExtract The fire took place in my client factory. there is loss of some raw material . We filed the claim with the insurance company. The Insurance company admitted the amount of loss excluding the GST and we retain the goods at salvage value. As we did not recover the GST amount from the insurance company hence we did not reverse the ITC claimed (as required under section 17(5)(h) of CGST Act .) Is there any disobeyment of Section 17(5)(h) of CGST Act ???
|