https://www.taxtmi.com/forum/issue?id=106321 Normal industry-level damage or pilferage may be ignored for input tax credit; abnormal losses require reversal of input tax credit. For interbranch transfers under Form F, abnormal losses must be reflected by shrinking the Form F declared value, and if input credit was claimed, it must be reversed to the extent of the loss. en-us Tue, 17 Dec 2013 16:55:11 +0530 Thu, 23 Jan 2025 15:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106321 Normal industry-level damage or pilferage may be ignored for input tax credit; abnormal losses require reversal of input tax credit. For interbranch transfers under Form F, abnormal losses must be reflected by shrinking the Form F declared value, and if input credit was claimed, it must be reversed to the extent of the loss. Discussion-Forum VAT / Sales Tax Tue, 17 Dec 2013 16:55:11 +0530 https://www.taxtmi.com/forum/issue?id=106321