ONE OF UNIT SOLD GOODS AGAINST FORGED BANK DRAFT. BILL RAISED TO PARTY SAYS THAT THEY HAVE NEVER RECEIVED THE GOODS AND RECIPIENTS OF GOODS WERE NOT THEIR REPRESENTATIVES. IS THEIR ANY WAY TO SAVE GST NOW? THOUGH FIR LODGED AGAINST THIS FRAUD.
GOODS SOLD AGAINST A FORGED BANK DRAFT
ROHIT GOEL
GST liability remains payable by the supplier despite sales effected through a forged bank draft and disputed delivery. GST liability arises on supplies effected against a forged bank draft even if the billed party denies receipt and the recipients were not its representatives; lodging an FIR does not remove the obligation, and the supplier is advised to pay GST. (AI Summary)
TaxTMI
TaxTMI