{"id":77079,"date":"2026-10-23T12:00:51","date_gmt":"2026-10-23T12:00:51","guid":{"rendered":""},"modified":"2026-10-23T12:00:51","modified_gmt":"2026-10-23T12:00:51","slug":"input-tax-credit-reversal-requires-review-of-reconciliations-and-disclosed-grounds-before-fresh-verification-of-stock-transfers","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=77079","title":{"rendered":"Input tax credit reversal requires review of reconciliations and disclosed grounds before fresh verification of stock transfers."},"content":{"rendered":"<p>Input tax credit reversal requires review of reconciliations and disclosed grounds before fresh verification of stock transfers.<br \/>Case-Laws<br \/>GST<br \/>Input tax credit reversal on stock transfers requires verification of reconciliations, Form WW and Chartered Accountant certification supporting inter-State purchase claims. Annexures supplied in replies, appeal materials and fuller reconciliation may constitute supporting records. A reversal cannot rest on an objection, such as lack of proof of manufacture outside the State, that was absent from the show-cause notices. The input tax credit reversal issue was remanded for fresh verification after hearing the assessee, who may provide additional particulars; merits remained undecided.<br \/> TMI Updates &#8211; Highlights, quick notes, marquee, annotation, news, alerts <\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=105341\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Input tax credit reversal requires review of reconciliations and disclosed grounds before fresh verification of stock transfers.Case-LawsGSTInput tax credit reversal on stock transfers requires verification of reconciliations, Form WW and Chartered Acc&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-77079","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/77079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77079"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/77079\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}