PAYMENT NOT RECEIVED FROM BUYER WITHIN 180 DAYS

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This query is : Resolved

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If a buyer has failed to make payment for over 180 days, you may need to escalate the issue. While the GST department cannot directly collect payments, you can use the GSTN portal's communication features. Consider registering as an MSME to benefit from delayed payment guidelines. Remember, Input Tax Credit (ITC) may be reversed if payment isn't received within six months.

KAPIL

KAPIL (Querist)
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01 December 2023 SIR

KINDLY HELP ME IN LETTER DRAFTING WITH A REQUEST TO GST HIGHER AUTHORITY FOR COLLECTING THE PAYMENT FROM BUYER, WHICH HAS ALREADY BEEN DELAYED.

TREAT IT AS MOST URGENT

THANKING YOU

KAPIL BHATIA

RAJA P M

RAJA P M (Expert)
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02 December 2023 dept can't support for collecting payments from taxpayers.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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15 January 2024 You can also think about registering as MSME https://msme.gov.in/faqs/q33-what-are-guidelines-delayed-payment-dues-mse-borrowers. There are lot of benefits here.

On collection of taxes paid by you - You can use the inbuild option to communicate between taxpayers in GSTN portal. ITC To them will also be reversed if the payment is not within 6 months / 180 Days

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