Bifurcation of emi purchased item schedule- iii, co act

Ofcourse it would be classified into Borrowrings and name of the financer will be there in the Balance Sheet. As we does in case of Vehicle Finance case.

but i have not taken any loan, to classfy the same into short term borrwoing, amount is directly paid by financer to purchaser and now i am paying amount to financer

It is the Loan taken by you from the Financer. It is the case simillar to the Auto Finance.

ok. thank u