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gst liability inclusion in stock valuation
is gst liability included in closing stock valuation?
Replies (2)
for tax purposes yes for financial statement purposes if you can take credit it is not included and if you can't get credit then included in stock
No the Tax Liability Not to be include in Valuation of Closing Stock .
Yes The URD , Composit Dealer can Include
Yes The URD , Composit Dealer can Include
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