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EPF Current assets or Non Current Assets

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(Querist)
23 May 2023 Sir,

We have sold some goods (agriculture product) to govt. Agency. Agency deduced EPF and clear balance amount. its pending from govt. agency more then two years. so its my current assets or Non Current Assets
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
23 May 2023 Though it seems to be non-refundable, treat it as current asset.
Check if it is non-refundable, in that case treat it as expenses.
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Nisha Kathuria

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Nisha Kathuria (Querist)
23 May 2023 Thank you very much Sir,



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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
23 May 2023 Most welcome.

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