Writing off of stock post GST

Goods and Services Tax – Started By: – Aitha RajyaLakshmi – Dated:- 1-6-2017 Last Replied Date:- 2-6-2017 – Sir,What are the provisions in respect to write off the stock as on the date of implementation of GST and the stock acquired after the implementation of GST? – Reply By Ganeshan Kalyani – The Reply = The corresponding input tax credit is required to be reversed. – Reply By MUKUND THAKKAR – The Reply = Rule 3(5B) in the Cenvat Credit Rules, 2004, to provide that writing off the value of in

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