https://www.taxtmi.com/forum/issue?id=114609 When goods supplied by a dealer become non taxable, any unutilized input tax credit in the electronic credit ledger must be reversed under the statutory reversal framework and applicable rules, rather than being written off as a prior period expense or treated as an ordinary disallowance for deduction. en-us Mon, 11 Feb 2019 14:47:51 +0530 Thu, 23 Jan 2025 15:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114609 When goods supplied by a dealer become non taxable, any unutilized input tax credit in the electronic credit ledger must be reversed under the statutory reversal framework and applicable rules, rather than being written off as a prior period expense or treated as an ordinary disallowance for deduction. Discussion-Forum GST Mon, 11 Feb 2019 14:47:51 +0530 https://www.taxtmi.com/forum/issue?id=114609