I have collect the GST from my supplier(Whose public limited company with turn over of 100 crores and they are power producers ) and i paid shorter this i am doing for since July 2017 and i cancel that GST registration on Mar 2019. Luckily, I have not receive any notice either from GST authority or supplier. Any problem may arise for this. Why it’s not highlighted.
The cumulative mismatch of GST could be 1.2Lacs not more than that.
Rephrasing your question for better understanding, you have collected GST from your customer (not supplier) and have deposited less to government. The reason for not receiving a notice yet could be due to a delay in filing GSTR-9, 9A by your consumer, so the government (GSTN) still don’t have complete information, however please note that GSTR9 is mandatory and any future mis-match might result in a penalty on your customer (for claiming higher input), this is because you have paid less.
We would recommend you to voluntarily deposit this amount and close the matter to avoid any future litigation. You can write to us directly at [email protected]