Menu
Output Tax
I have supplied some invoice to Reqular dealer.These invoice are uploaded to me.But the buyer has not paid the amount.I can.file any complaint in GST Portal to get the invoice amount.
Replies (5)
You can reverse ITC if payment is not made within 180 days.
How can reverse ITC
if material delivered , this is your bad debt,show in p/l. your debtor's input credit will be reversed if payment not done in 180 days.
If you dont received payment within 180Days you can reverse entry.
Pass a Sales Return Entry.
At the time of filing of GSTR-3B Reverse Taxes Paid.
In Eligible ITC<(B) ITC Reversed<(2) Others.
REVERSE ITC ASAP
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
