Received short amount

Quick Summary
A seller received a partial payment for cotton seeds, with the buyer claiming the goods were moist and settling for a reduced amount. The seller is unsure how to account for the short payment of Rs 10,844, especially since GST was already paid on the full invoice value. The discussion explores options like treating the shortfall as a discount, issuing a credit note, or writing it off as a bad debt, with advice on proper accounting adjustments.

If u break up your outstanding it should not consist of
gst amount but only a portion of the gross bill amount.

balancing figure > write off to Statement of PL as discount or rebate whatever name called . 

Cash/Bank A/C Dr.316509
Party Name A/c Dr 10844
CGST. Dr. 7912
SGST. Dr. 7912
Sales A/c. Cr. 332335

10844 is not recovery so it is a Bad debt so adjustment entry is

Bad Debts A/c Dr. 10844
party A/c. Cr. 10844
Naveen wrong
Pass credit note with approval of md. other wise you can demand the balance amount

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