Please Help: Bad Debts write off
Posted Date : 12-May-2020 , 05:51:17 pm | Posted By: Rahanu Boobna
Category :
GST | Answers :
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Comments :
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Dear Sir,
Kindly advice, Bad debts is write of due to
1. Short Quatity
2. Higher invoicing
3. Quality Issue
Can we are liable to Reverse ITC on proportionate basis under GST Act. |
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Comments |
Posted By : Shilpi Jain |
26-Jan-2021, 05:06:44 |
In such case you can issue a credit note if it is within the time limit mentioned in section 34 ofthe CGST Act i.e by 30th sep of the FY following the end of the FY in which the invoice is issued. |
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Posted By : CA Mohit Markanday |
15-Jun-2020, 01:50:08 |
creit not is best option to adjust decrease in debtors |
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