hi sir
we raised invoice, and GST paid by us. Party made party payment, but not ready to pay remaining amount around 2/3.
If we put credit note then it will adjust but how to adjust GST according to that invoice.
please suggest.
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GST paid
Replies (5)
You are unable to receive money from the party or goods are really come back to the extent not paid
Goods not came back, it has been consumed by party, payment in dispute.
All you can do is raise credit note. for the remaining amount not received yet. And ask receipent to make due payment clear, Still they refuse it will be you bad debt.
I think you cannot issue a credit Note.
GST is ITC matchinng concept , when we issue any credit note the recipient will reduce its ITC & Supplier reduces its ouput liability.
But in case of Bad debts its not like ...that..
GST is ITC matchinng concept , when we issue any credit note the recipient will reduce its ITC & Supplier reduces its ouput liability.
But in case of Bad debts its not like ...that..
hi sir
this is Kailash Babu, my query is related to GSTR 9 for F.Y. 2017-18.
so do we need to provide details April onwards or July 1st 2017, GST start date.
this is Kailash Babu, my query is related to GSTR 9 for F.Y. 2017-18.
so do we need to provide details April onwards or July 1st 2017, GST start date.
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