Whether remission is allowed on goods lost or destroyed for all reasons?
Question 21
Bill
Levy of and Exemption from Tax
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 21. Whether remission is allowed on goods lost or destroyed for all reasons?
Ans. No, on plain reading of the language of proposed Section 11, remission is allowed only for those cases where supply of goods is found to be deficient in quantity due to natural causes.
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