Input credit on purchase of capital goods
This query is : Resolved
11 September 2015
Please guide me how to pass journal entry for purchase of capital goods in tally..my client has taken input credit on purcahse of laptop..how should i rectify that ?
15 September 2015
if ITC is not admissible on same you have to pass
Asset a/c Dr
To VAT receivable
Asset a/c Dr
To VAT receivable
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