watch_later 21/04/18

Dear Sir,

His there is any provision in GST filing to mention the party (name) who has not paid their due within 180 days.

If yes kindly guide

Suppose our terms is 210 days (7 months). Then what is the procedure in GST filing



1 Response | Latest response: 23/04/18 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 23/04/18

As per provision person who has purchased goods/services but has not made payment to supplier within 180 days need to reverse input credit and he can use this credit when payment is made.

So on part of seller there is no requirement as of now to provide list of buyers who have not made payments.

Your buyers need to reverse input credit and compliance part is at their court.


Sign up to discuss taxation, accounting and finance topics with experts from all over India.

Join Discussion