I have supplied material to my client (Pvt Ltd Company) worth Rs. 40 lacs including GST. Now he is not paying me the amount. I am going to file a suit. How can I issue credit not against him so that he has to reverse the input along with interest?
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Non payment by client
Replies (2)
if payment has not been made within 180 days from date of supply ,recipient of goods is liable to reverse the ITC along with interest,however he can claim ITC after payment is made.
No you cannot issue a credit note.. better you can declare as bad debts .
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