https://www.taxtmi.com/forum/issue?id=115178 Input tax credit reversal is required when raw materials, work in progress or finished goods are written off as unusable. The reversal is to be calculated proportionately using the value of the written off items as recorded in the books of account, and the corresponding proportion of previously claimed input tax credit must be reversed. en-us Fri, 12 Jul 2019 13:35:35 +0530 Thu, 23 Jan 2025 15:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115178 Input tax credit reversal is required when raw materials, work in progress or finished goods are written off as unusable. The reversal is to be calculated proportionately using the value of the written off items as recorded in the books of account, and the corresponding proportion of previously claimed input tax credit must be reversed. Discussion-Forum GST Fri, 12 Jul 2019 13:35:35 +0530 https://www.taxtmi.com/forum/issue?id=115178