#Disability #SEND #Disabled #WelfareReform #WelfareBenefits #DWP @UKLabour parroting the @Conservatives’ language & phrases to deceive & prejudice the public against recipients of “benefits” “#WritingOff”“#WrittenOff” Harmful deceit Propaganda #AntiDisabledPropaganda 🤮🤮

@Paul_Koshy Let us ask only for Gujarat to @RBI exclusively publish the list Name of Company Value of loan Name of Directors LOCATION Name of Bank Value written off You will not get anything Writtenoff false propaganda only they have only done for big boys @FinMinIndia

calibrate it to cobb douglas labor to capital. unless capital in recent capex isnt immediately writtenoff then it results in manufacturing increase.

Yes it does matter‼️ You can NOT get GAP insurance if your car has previously been written off 🚫 Visit GAPinsurance.co.uk today 🚘 (If your cars not been written off 😉) #GAPinsurance #DriveProtected #Carinsurance #Fyp #WrittenOff #WriteOff #Myth

When thousands of crores of the rich like Anil Ambani, Patanjali, Malya , Nirav Modi________( pl fill up the blanks) where writtenoff, it's great that the poor farmers and others are also written off. Let us write off all loans and start a NEW INDIA.

#FALSE This is a matter of terminology‼️ For clarity "Total Loss" and "Write Off" mean the same thing.🤯  #GAPinsurance covers you in the event your #car is declared a #TotalLoss (#WrittenOff) through: #Accident, #Fire, #Theft or #Flood ⚠️🔥💰🌊

like DC (tho as I said even in last merger DC stuff got writtenoff), Harry Potter, etc will struggle to get support like stuff they own from Nickelodeon or CN or Transformers, TMNT, Star Trek, nevermind original ideas will REALLY struggle.

Where/when has this happened, then? And how can it be sustained in real practice? China and Cuba are far from perfect, but the gains for the working class from their revolutions are immense and measurable. I don't know how they can be completely writtenoff

10000 crore so that Adani Ports can get more containers to handle and can get more loans to expand ports, higher exim deficit later makes port business unviable and then Adani declared bankruptcy getting all LOAN WRITTENOFF!! #ViksitAdaniBudget

Ever had a car written off❓🚗 Did you have GAP insurance? 🪽 Tell us about it in the comments‼️⬇️ Drive Protected with a policy from GAPinsurance.co,uk today!🛡️ #Driveprotected #gapinsurance #writtenoff #totalloss #accident #fire #theft #flood #fyp

Disallowance of Expenditure Written off deleted Without Examining Commercial Rationale and Nature of Loss: ITAT Remands Matter [Read Order] taxscan.in/top-stories/disal… #Disallowance #writtenoff #commercial #itat #remands #taxscan #taxnews

Written off & Waved off में अंतर 👇🏼 #Writtenoff #Wavedoff

Since in #GDP Measurements, #Credit is measured as wealth.. Its only natural that #WrittenOff loans must be deducted from #financial Sector #GDP .. Government can't Remonitize an asset whose value is Zero. #NPA can't simply vanish from the system.

@grok what does writtenoff means? How much written off before 2014?

I turned into their once a day snap. #writtenoff

I demand immediate and urgent action on this today. Please escalate and resolve this without further delay. #HeroFinCorp #UrgentAction #CustomerGrievance #CIBILRectification #WrittenOff

🚨 𝗪𝗵𝗲𝘁𝗵𝗲𝗿 𝗚𝗦𝗧 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗿𝗶𝘀𝗲𝘀 𝗼𝗻 𝗪𝗿𝗶𝘁𝘁𝗲𝗻 𝗢𝗳𝗳 𝗖𝗿𝗲𝗱𝗶𝘁𝗼𝗿𝘀 𝟭. 𝗧𝗵𝗲 𝗜𝘀𝘀𝘂𝗲 A recurring question faced during an audit or investigation is 👉 𝘞𝘩𝘦𝘯 𝘢 𝘤𝘳𝘦𝘥𝘪𝘵𝘰𝘳’𝘴 𝘣𝘢𝘭𝘢𝘯𝘤𝘦 𝘪𝘴 𝘸𝘳𝘪𝘵𝘵𝘦𝘯 𝘰𝘧𝘧 𝘪𝘯 𝘵𝘩𝘦 𝘣𝘰𝘰𝘬𝘴 𝘰𝘧 𝘢𝘤𝘤𝘰𝘶𝘯𝘵𝘴, 𝘥𝘰𝘦𝘴 𝘪𝘵 𝘢𝘵𝘵𝘳𝘢𝘤𝘵 𝘎𝘚𝘛 𝘭𝘪𝘢𝘣𝘪𝘭𝘪𝘵𝘺? This situation generally arises where a supplier’s dues were shown as payable in the Balance Sheet, but later management decides not to make payment, and the outstanding amount is “written off.” --- 𝟮. 𝗟𝗲𝗴𝗮𝗹 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟳 𝗼𝗳 𝗖𝗚𝗦𝗧 𝗔𝗰𝘁 - As per 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟳(𝟭)(𝗮), 𝗖𝗚𝗦𝗧 𝗔𝗰𝘁 𝟮𝟬𝟭𝟳, GST applies only when a supply of goods or services is made for consideration. Writing off a creditor's balance is neither a supply of goods or services nor covered under Schedule I (activities treated as supplies even without consideration). 👉 Hence, 𝗻𝗼 𝗼𝘂𝘁𝗽𝘂𝘁 𝗚𝗦𝗧 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗿𝗶𝘀𝗲𝘀 𝗺𝗲𝗿𝗲𝗹𝘆 𝗱𝘂𝗲 𝘁𝗼 𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝗼𝗳𝗳 𝗰𝗿𝗲𝗱𝗶𝘁𝗼𝗿𝘀. --- 𝟯. 𝗜𝗧𝗖 𝗥𝗲𝘃𝗲𝗿𝘀𝗮𝗹 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟲(𝟮) & 𝗥𝘂𝗹𝗲 𝟯𝟳 - However, a critical implication arises in relation to the Input Tax Credit (ITC). - As per the 𝘀𝗲𝗰𝗼𝗻𝗱 𝗽𝗿𝗼𝘃𝗶𝘀𝗼 𝘁𝗼 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟲(𝟮) 𝗿𝗲𝗮𝗱 𝘄𝗶𝘁𝗵 𝗥𝘂𝗹𝗲 𝟯𝟳, 𝗖𝗚𝗦𝗧 𝗥𝘂𝗹𝗲𝘀 𝟮𝟬𝟭𝟳, where payment is not made to the supplier within 180 days from the date of invoice, the ITC attributable to such unpaid value must be reversed, along with 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟱𝟬. 👉 Therefore, 𝗶𝗳 𝗜𝗧𝗖 𝘄𝗮𝘀 𝗮𝘃𝗮𝗶𝗹𝗲𝗱 𝗼𝗻 𝘀𝘂𝗰𝗵 𝘀𝘂𝗽𝗽𝗹𝗶𝗲𝘀, 𝗽𝗿𝗼𝗽𝗼𝗿𝘁𝗶𝗼𝗻𝗮𝘁𝗲 𝗜𝗧𝗖 𝗺𝘂𝘀𝘁 𝗯𝗲 𝗿𝗲𝘃𝗲𝗿𝘀𝗲𝗱 𝗮𝘁 𝘁𝗵𝗲 𝘁𝗶𝗺𝗲 𝗼𝗳 𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝗼𝗳𝗳 𝘁𝗵𝗲 𝗰𝗿𝗲𝗱𝗶𝘁𝗼𝗿 𝗯𝗮𝗹𝗮𝗻𝗰𝗲. --- 𝟰. 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 - No GST liability arises on the act of writing off creditors. - However, ITC reversal is mandatory if the supplier is not paid within 180 days and the ITC has already been claimed. - In cases where a supplier and recipient agree on a reduced settlement amount, businesses must insist on a Financial Credit Note from the supplier. This ensures that ITC entitlement remains intact and prevents future disputes with the GST Department. --- 𝟱. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 - Writing off a creditor does not constitute a supply under Section 7. - However, it does trigger a reversal of the input tax credit under Section 16(2) and Rule 37, with interest liability. Businesses must therefore exercise due care and maintain documentary evidence, including credit notes where settlement is at a lower value. 🌟 𝗚𝗦𝗧 𝗗𝗢𝗦𝗧’𝘀 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗩𝗶𝗲𝘄 In GST, the principle is simple: “𝗡𝗼 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 – 𝗡𝗼 𝗜𝗧𝗖.” That’s why ensuring timely payment or proper settlement documentation is good practice and essential for protecting your tax credits and avoiding unnecessary disputes. At 𝗚𝗦𝗧 𝗗𝗢𝗦𝗧, our goal is to simplify such complex issues so businesses can confidently take informed decisions. ✍️ 𝗚𝗦𝗧 𝗗𝗢𝗦𝗧 | 𝗖𝗔 𝗩𝗶𝗸𝗮𝘀𝗵 𝗗𝗵𝗮𝗻𝗮𝗻𝗶𝗮 #GSTDOST #WrittenOff #Creditors #CreditBalanceWriteOff #Rule37 #GstReversal #FinancialCreditNote --- 𝗡𝗼𝘄 𝗶𝘁’𝘀 𝘆𝗼𝘂𝗿 𝘁𝘂𝗿𝗻! 👉 Do you think the “𝗡𝗼 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 – 𝗡𝗼 𝗜𝗧𝗖” rule is fair and justified? Or does it put an extra burden on small businesses? Drop your thoughts in the 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀 𝘀𝗲𝗰𝘁𝗶𝗼𝗻 𝗯𝗲𝗹𝗼𝘄 ⬇️ – Your views and experiences could feature in our upcoming posts and help the GST community learn together!

Very well said. Also, Even USA is making money by selling arms for Ukraine war from NATO. Trade losses due to US tarrifs, writtenoff by India. H1B, is USA internal matter. Sure it impacts Indians who wants to migrate to USA. Let Rich & Very talented ones go for opportunity.

Isn't the rest written as #GandhiAccount, @Grok? Precisely #writtenoff

Writtenoff 50cc