GST on amount not paid to supplier

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..... XYZ (India) imported goods from a supplier from Russia and the goods were physically received by XYZ along with a Bill of Entry and other documents. However, due to Russia Ukraine war, payment was n .....

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..... ot made to the foreign supplier and the amount was shown as other income in the books of accounts. Whether XYZ is required to pay GST on it? - Reply By Amit Agrawal - The Reply = NO, in my humble vi .....

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..... ew. These are ex facie views of mine and the same should not be construed as professional advice / suggestion. - Reply By Shilpi Jain - The Reply = Writing back of creditors balance in books not .....

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..... liable to GST. No supply. - Reply By Padmanathan Kollengode - The Reply = Agreed with the views of experts. No GST is payable - GST on amount not paid to supplier - Query Started By: - Kaustubh K .....

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..... arandikar Dated:- 30-3-2023 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementi .....

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..... ndia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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