https://www.taxtmi.com/caselaws?id=409061 Section 17(5)(h) of the CGST Act does not require reversal of input tax credit for loss that is inherent and inevitable in the manufacturing process. The clause applies to goods lost, stolen, destroyed, written off, or given as gifts or free samples, and that statutory language was read against the nature of manufacturing loss and the corresponding treatment under the Tamil Nadu VAT Act. Inherent process loss is a normal incident of manufacture and is not equivalent to the external contingencies covered by the provision. On that basis, the revenue action seeking reversal for such loss was held unsustainable in favour of the assessee. en-us Thu, 24 Jun 2021 00:00:00 +0530 Tue, 25 Mar 2025 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409061 Section 17(5)(h) of the CGST Act does not require reversal of input tax credit for loss that is inherent and inevitable in the manufacturing process. The clause applies to goods lost, stolen, destroyed, written off, or given as gifts or free samples, and that statutory language was read against the nature of manufacturing loss and the corresponding treatment under the Tamil Nadu VAT Act. Inherent process loss is a normal incident of manufacture and is not equivalent to the external contingencies covered by the provision. On that basis, the revenue action seeking reversal for such loss was held unsustainable in favour of the assessee. Case-Laws GST Thu, 24 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409061