credit of the gst by supplier of goods, when the payment is not recd beyond 180 days.

credit of the gst by supplier of goods, when the payment is not recd beyond 180 days. https://www.taxtmi.com/forum/issue?id=114900 When a recipient reverses input tax credit for nonpayment, the supplier may reclaim the Input Tax Credit only after receipt of payment and after discharging the invoice tax; the supplier must record the reversal in the designated GSTR 3B reversal field, complete the return checklist to access the Electronic Credit Ledger for debit, and then use the specified re credit entry in GSTR 3B to re claim the credit once the system permits. en-us Sun, 21 Apr 2019 21:39:05 +0530 Thu, 23 Jan 2025 15:55:07 +0530 TaxTMI RSS Generator credit of the gst by supplier of goods, when the payment is not recd beyond 180 days. https://www.taxtmi.com/forum/issue?id=114900 When a recipient reverses input tax credit for nonpayment, the supplier may reclaim the Input Tax Credit only after receipt of payment and after discharging the invoice tax; the supplier must record the reversal in the designated GSTR 3B reversal field, complete the return checklist to access the Electronic Credit Ledger for debit, and then use the specified re credit entry in GSTR 3B to re claim the credit once the system permits. Discussion-Forum GST Sun, 21 Apr 2019 21:39:05 +0530 https://www.taxtmi.com/forum/issue?id=114900