<h1>Input tax credit reversal declaration required for inputs, semi/finished goods and capital goods under section 18(4).</h1> Declaration for intimation of input tax credit (ITC) reversal/payment under section 18(4), requiring taxpayer identification, details of stock of inputs, inputs in semi finished/finished goods and capital goods, supplier and invoice particulars (or FIFO where invoice identification is infeasible), quantity, value (adjusted by debit/credit notes) and ITC claimed by tax head. Capital goods valuation is prescribed as invoice value reduced by one sixtieth per month from invoice date; market price estimation is allowed where invoices are absent. The form records tax payable and payment ledger details and requires an authorised verification signature.