relating to vat
This query is : Resolved
Vishnu Agarwal
(Querist)
17 July 2008
what is the differnce between output vat & input vat?
what is the differnce between output vat & input vat?
Ram Avtar Singh
(Expert)
17 July 2008
a)Out put Vat on sale
a)input vat on purchase
b)output vat to deposit in Bank
B)Input vat to be accounted in books for adjustment of output vat
C)output vat is Libility
C)input vat is Current Assets
a)input vat on purchase
b)output vat to deposit in Bank
B)Input vat to be accounted in books for adjustment of output vat
C)output vat is Libility
C)input vat is Current Assets
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