Vat query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2011
vat output comes under the head duties and taxes, in which head one should take vat input.
Rajnish Singh
(Expert)
14 November 2011
YOU CAN SHOWN IT UNDER THE HEAD OF DUTY AND TAXES. BUT AT THE END OF THE F.Y. IF INPUT WILL BE EXCESS THAT WILL SHOWN IN ASSETS SIDE UNDER THE HEAD OF DUTIES AND TAXES RECEIVABLES.
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