Dear Sir/Madam,
Whether GST is applicable in case the bad debts recovered in 2020-21 but pertains to FY 2018-19.
If applicable, what if there is no adjustment done in the financi
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GST Applicability on Bad Debts Recovered
Replies (2)
As per my view No...
But,
Can You give details of Bad Debts...?!
But,
Can You give details of Bad Debts...?!
Gst charge at the time of sale and paid in same tax paid by your. Bad debts recovery is recovering it consideration hence not liable to pay gst but if it is recovered with interest than interest part is liable to gst
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