Home Forum Goods and Services Tax - GST Month 8 2021 2021 (8) This
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Vendor Payment delay behind 180 days - Goods and Services Tax - GSTExtract We manufacture Pharmaceuticals Machinery. We have purchased one unit from our vendor on July-20 with payment terms of balance 10% after installation and successful trial at our Customers site. Please note that we have availed full GST credit in the month of July-20. But till date the installation is not done at our customer site and the 10% payment to vendor is still outstanding for more than a year. As per GST provision payment to be made to vendor within 180 days from the date of supply. Under the above condition kindly advice us.
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