https://www.taxtmi.com/forum/issue?id=113561 Where raw materials on which input tax credit was availed are destroyed before use, the taxpayer must reverse the credit equal to the credit availed at the time of receipt; the date of reversal does not affect the amount. Reversal may be made by debiting the Electronic Credit Ledger if available or by paying cash and recording the entry in GSTR-3B; insurer reimbursement does not alter the obligation. en-us Sat, 31 Mar 2018 15:44:33 +0530 Thu, 23 Jan 2025 15:55:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113561 Where raw materials on which input tax credit was availed are destroyed before use, the taxpayer must reverse the credit equal to the credit availed at the time of receipt; the date of reversal does not affect the amount. Reversal may be made by debiting the Electronic Credit Ledger if available or by paying cash and recording the entry in GSTR-3B; insurer reimbursement does not alter the obligation. Discussion-Forum GST Sat, 31 Mar 2018 15:44:33 +0530 https://www.taxtmi.com/forum/issue?id=113561