https://www.taxtmi.com/forum/issue?id=114692 Reversal of Input Tax Credit is contested where a dealer was proposed to reverse ITC on goods stock transferred interstate; the department seeks reversal of the entire claimed ITC rather than limiting reversal to input tax on locally purchased goods constituting the transferred stock, raising the issue whether ITC reversal scope is confined to locally purchased inputs tied to the transfer or extends to the dealer's entire credit balance. en-us Wed, 27 Feb 2019 17:05:23 +0530 Thu, 23 Jan 2025 15:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114692 Reversal of Input Tax Credit is contested where a dealer was proposed to reverse ITC on goods stock transferred interstate; the department seeks reversal of the entire claimed ITC rather than limiting reversal to input tax on locally purchased goods constituting the transferred stock, raising the issue whether ITC reversal scope is confined to locally purchased inputs tied to the transfer or extends to the dealer's entire credit balance. Discussion-Forum VAT / Sales Tax Wed, 27 Feb 2019 17:05:23 +0530 https://www.taxtmi.com/forum/issue?id=114692