CENVAT TAKEN TO BE REVERSED ON INSURANCE CLAIM

Goods and Services Tax – Started By: – SAFETAB LIFESCIENCE – Dated:- 31-3-2018 Last Replied Date:- 31-3-2018 – Dear Experts, A company's Raw Materials got damaged/lost due to fire accident in August, during GST regime. The materials purchased prior to July and Cenvat availed got fired and totally lost. Now, they are about to get insurance claim and insurance company insisting to reverse the input duty (Cenvat) availed for the materials which got fired and lost totally. What amount they have

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