GST payable on bad debts

[MAHENDRABHAI DESAI]

Dear Sir,

1) Whether it is mandatory to pay GST on bad debts as per GST Law ?

2) Whether NCLT will pass order to pay us GST paid on Bad debts on submission of challan ?

3) Tax Invoice and bad debts w/off in the same financial year implication on GST payable ?

Regards,

AI Summary

Discussion on GST Payment for Bad Debts: Adjustments Require Credit/Debit Notes per Section 34 of CGST Act, 2017. A discussion on a forum addresses whether GST must be paid on bad debts under GST Law. One participant explains that GST paid on bad debts cannot be adjusted unless a credit/debit note is issued, as per Section 34 of the CGST Act, 2017. Another contributor notes that GST must be paid once an invoice is issued, and bad debts occur when dues are uncollectible, requiring a write-off of both the invoice value and tax. A third participant questions if bad debts identified within the same month can be excluded from the GST return.