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 Topics :
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
Related Topics :
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
