https://www.taxtmi.com/forum/issue?id=114704 Write backs of long outstanding creditor balances can trigger input tax credit reversal where the supplier remains unpaid; such reversals affect GST and, by analogy, pre GST Excise and Service Tax positions, and may attract interest or additions to output tax liability. Determination depends on the prior accounting treatment of the write off and whether input tax credit had been availed, with possible re availment if payment is later made. en-us Fri, 01 Mar 2019 12:28:38 +0530 Thu, 23 Jan 2025 15:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114704 Write backs of long outstanding creditor balances can trigger input tax credit reversal where the supplier remains unpaid; such reversals affect GST and, by analogy, pre GST Excise and Service Tax positions, and may attract interest or additions to output tax liability. Determination depends on the prior accounting treatment of the write off and whether input tax credit had been availed, with possible re availment if payment is later made. Discussion-Forum Service Tax Fri, 01 Mar 2019 12:28:38 +0530 https://www.taxtmi.com/forum/issue?id=114704