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credit of the gst by supplier of goods, when the payment is not recd beyond 180 days., Goods and Services Tax - GST

Issue Id: - 114900
Dated: 21-4-2019
credit of the gst by supplier of goods, when the payment is not recd beyond 180 days.

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If the payment of supplier of goods is out standing for more than 180 days can he claim the GST charged by him in the returns due after the period of 180 days, from the date he has raised invoice and paid the GST also according to invoice. if yes how to declare the same in GSTR-3B , as Input tax credit or Reduction from taxable Turnover and accordingly form GST.

Since the receiver of the goods are required to reverse the GST if he does not make payment within 180 days.

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1 Dated: 22-4-2019

Yes, after payment ITC can be taken. For reversal fill column B(2) of serial no. 4 of GSTR 3 B . You will also fill check list at the start of filing the return. If check list is correctly filled, the Common Portal System will automatically take you in the Electronic Credit Ledger and then you can debit reverse the ITC. Only after reversal of ITC, the system will allow you re-credit. Re-credit can be taken 4 (A) (5).

I am not computer expert. I have functional knowledge of computer.


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