https://www.taxtmi.com/forum/issue?id=119899 Where a supplier has paid GST but the buyer defaults post supply and beyond 180 days, the supplier cannot claim a GST refund merely because consideration was unpaid. GST is transaction based; the recipient must reverse claimed Input Tax Credit if payment is not made within 180 days, but that mechanism does not give the supplier a refund. The supplier's remedies are civil recovery, informal portal communication, possible issuance of a credit note only where statutorily permitted, and accounting for the loss as a bad debt for income tax purposes. en-us Tue, 22 Apr 2025 17:41:59 +0530 Wed, 23 Apr 2025 18:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119899 Where a supplier has paid GST but the buyer defaults post supply and beyond 180 days, the supplier cannot claim a GST refund merely because consideration was unpaid. GST is transaction based; the recipient must reverse claimed Input Tax Credit if payment is not made within 180 days, but that mechanism does not give the supplier a refund. The supplier's remedies are civil recovery, informal portal communication, possible issuance of a credit note only where statutorily permitted, and accounting for the loss as a bad debt for income tax purposes. Discussion-Forum GST Tue, 22 Apr 2025 17:41:59 +0530 https://www.taxtmi.com/forum/issue?id=119899