A business supplied fabrics to a party, evidenced by an e-way bill, but the party now denies the purchase and is demanding payment. The supplier has already provided more value in fabrics than the outstanding payment. The suggested remedy is to file a suit for recovery, which could take 1.5-2 years but would aim to recover the principal amount, interest, and legal costs.
13 February 2022
We purchased hardware materials from a party by gst bill. The party showed sales in gst return. After few days they purchased fabrics from us. We showed fabrics sales in our gstr returns. Now the party is denying purchase of fabrics from us although sales were made through eway bill. What should we do now? They are demanding fabrics payments from us. We have supplied more value of fabrics to them then their due payment. Please advise.
14 February 2022
Appropriate remedy for you is to file a suit for recovery. the case will be filed on the basis of your invoices, receipts and other documents available with you. the matter may take anything around 1.5-2 years. you will get interest along on principal along with principal amount and also cost for proceedings.