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reversal of gst charged on output invoices as invoice amount not received from customerd

239 views 2 replies
One of Gstr registered person has issued invoice to his customer and accordingly paid gst as well as filed GST 3b and GST 1 return

But after 7 months also , customer has not paid his dues . Therefore whether GST registered can issue credit note and reverse his gst liability.
Replies (2)

yes u reverse the liablity because payment recepient not paid dues amount within 6 month therefore beneficial to reverse the itc through credit note

sir,can I get section for issue of credit note due to non receipt of money.

sir pl note materials are already delivered


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