Vendor Not File GsT Return and Registration of vendor is cancel

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Accounts Executive
20 Points Posted on 18 May 2021

Dear,

Sir/Ma'am,

One of  our Supplier not filling GSTR-1 return since last 1yr, so we are not able to claim ITC on purchases and GST Dept cancel their Registration. Request you all to please Guide us on this Scenario, Regarding Interest and penalties and what step should we take against the Supplier.

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On 18 May 2021 at 12:43 Report
Replies (3)
Quick Summary
A supplier has failed to file GSTR-1 returns for a year, leading to their GST registration being cancelled. This prevents you from claiming Input Tax Credit (ITC) on purchases from them. The discussion seeks guidance on potential interest and penalties, and how to address the situation with the supplier, including recovering any differences.

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CMA
20 Points Posted on 18 May 2021
You recover the difference from the vendor. If you have not claimed ITC, no interest or penalty is payable.
1 Reply
On 18 May 2021 at 13:12
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Chartered Accountant
20 Points Posted on 18 May 2021
Agree with poornima
1 Reply
On 18 May 2021 at 14:36
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20 Points Posted on 18 May 2021
Agree
1 Reply
On 18 May 2021 at 17:09

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