"Subject: GST Liability on Unfulfilled Supply and Converted Loan



I had given ₹18 lakhs to a GST-registered supplier for goods supply, but they failed to deliver the goods. Instead, they returned ₹6 lakhs and converted the remaining amount into a short-term loan. Since the supplier didn't fulfill the original supply agreement, I'm concerned about the GST implications.

Please clarify:
1. Is the supplier liable to pay GST on the original supply amount?
2. Does the conversion of the remaining amount into a loan affect the GST liability?
3. As a recipient, do I need to reverse any Input Tax Credit (ITC) claimed earlier?

We have all over India branches. Head office is in Maharashtra state.

Suppose transport bill received by Gujrat unit for receiving service to multi state location & also RCM liabilities paid by gujrat normal unit.

Can Gujrat normal unit raise his invoice for distributing RCM transport lTC on Pune H. O
Under rule 54 (1A )

An excess amount was mistakenly entered in the IGST column and it was auto adjusted against CGST and SGST. Should the amount be reversed from IGST itself or can it be reversed from where it was used?

We have raised Export invoice for Service, but the same is not reported in GSTR for FY 2024-25
We do not have LUT
Export Amount is 10 crore

kindly advice
Thanks in advance

Respected sir,
gst officers are sending gst demand notice with huge wrong amount and mentally harasment demand of huge papers.is their no authority to check that what is doing officers for base less notices.when every report is avialable on portal why demand hard copy of papers?
with thanks

Sir/Mam,

Composition Dealer GST Annual Return Filing Due dates, what is penalty and is it mandatory

plz explain

Thanking you,

One of my GST client had expired during Feb.2025. Can his assistants/relatives file his pending GST returns ? Because many pending transactions (Sales) are to be executed at all cost.

If Person is Unregistered in GST Act & Providing DSA Service & Earning 60 lakh Commission from NBFC.
Weather it is required to get registered under GST Act or RCM Provision is apply on NBFC.
if person take GST Number then on such commission income tax liability is on NBFC or Registered Person?

Dear Experts,

If we switch to composition sceme from a regular tax payer scheme, what will be the steps we need to follow in case we have exempted outward supplies. We have reversed all our ITC till date.

Kindly reply for the steps we need to take and and the things we need to specifically take care in the procedure.

Thank you in advance, it is a great platform for seeking valuable advice.

Sir for FY 2020-21 I claimed itc related to fy 2019-20. There is difference arise in itc for FY 2020-21 for rs 4000
I not field annual return for FY 2019-20 and FY 2020-21 because it is optional for us
Now issue is AO is not satisfied with our claim to carry forward ITC and AO issued demand order against us claiming 4000 tax and 20000 penalty and 3000 int total 27000.
1)My concern is kya itc ek year ka next yr mai nhi le sakte yadi annual return nhi file ki hai
2)AO k 27000 k demand mai kya full payment krna padega