Gst disallowance

Ajith Anikar (Chartered Accountant) (23 Points)

24 October 2018  

Greetings,

If GST not been paid withing due date of filing IT Returns, does it attract disallowance under 43B of the income Tax act? Where it has been treated as a current liability.

Or does it attract disallowance only if it has been debited to Profit and Loss account?

Kindly Clarify