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gst payment

190 views 3 replies
I am a small trader. I have limited capital. I buy goods from Ludhiana and sell it in orissa. My parties don't pay on time. I have to sell them goods on credit, they pay very late. I can't force them to pay as I fear to loose customers. But as I give them goods on credit and buy goods from Ludhiana with money. I am left with no money to pay for GST on time. This leads to huge fines and penalty. my profit margin decreases. what to do ? Kindly help!
Replies (3)

You need to received 50% advance from parties,otherwise you make invoice & add one line,Please paid invoice amount within 30 days after invoice date,after 30 days charge 24% interest P.A for late payment.

Better follow from aman sir steps.
what ever penalty you are incurring.pls recover from them
Good advice sir...


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