diff --git a/erpnext/regional/india/utils.py b/erpnext/regional/india/utils.py
index 62c0187268b..746e5bf5911 100644
--- a/erpnext/regional/india/utils.py
+++ b/erpnext/regional/india/utils.py
@@ -856,10 +856,14 @@ def delete_gst_settings_for_company(doc, method):
 		return
 
 	gst_settings = frappe.get_doc("GST Settings")
+	records_to_delete = []
 
 	for d in reversed(gst_settings.get('gst_accounts')):
 		if d.company == doc.name:
-			gst_settings.remove(d)
+			records_to_delete.append(d)
+
+	for d in records_to_delete:
+		gst_settings.remove(d)
 
 	gst_settings.save()