GST Bill raised to party. Payment not recevied

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Hello Sir,

Greetings for the day. We needed your input. We have raised a GST Bill to one of our client last Dec 2022 & since then we have been following up for our balance payment but we have not been getting any reply from the client. It was some 4.03 Lakhs bill including GST & the party paid us 2 lakhs. Now the party is responding to our calls too. Can u suggest is there any provision we can cancel the bill. We even thought of going legal way but before that we just though of taking this up.

Your immediate reply would be highly appreciated.

Replies (2)

As per GST law, you have to reverse the proportionate credit of payment not received, if you have taken credit of whole invoice of amounting Rs. 4.03lakhs

If payment is not received you cannot take gst credit.


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