GST paid on bad debtors must be reversed: DACAAI
New Delhi, June 10 (IANS) GST paid on invoices which have become bad debts must be paid back, Domestic Air Cargo Agents Association of India (DACAAI) said on Tuesday. At present, under the GST law agents have to up front pay 18 per cent GST on the invoices. However, due to the outbreak of Covid-19, the cases of bad debts have been increasing. "On one side, there is no business for the past two and…