Defination

what is business assets as per GST law
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Quick Summary
Under GST law, there isn't a strict, explicit definition for 'business assets'. Generally, anything recorded as an asset on your balance sheet is considered a business asset for GST purposes. This includes current assets, meaning they are also recognised as business assets within the GST framework.

There is nos specific definition as per GST but whatever you show as asset in balance sheet are business assets.
It means current assets are also business assets, is it?

Yes they are.........

Okay Thanks bro

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