Whether GST Input and Output can be net off and shown as netted off in Balance Sheet?
Sudhir Mundhra (Executive) (23 Points)
21 May 2018Whether GST Input and Output can be net off and shown as netted off in Balance Sheet?
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2304 Points)
Replied 21 May 2018
Sudhir Mundhra
(Executive)
(23 Points)
Replied 21 May 2018
VIPINKUMAR K TIWARI
(Financial Professional)
(196 Points)
Replied 11 February 2020
Payable & Receivable both shown in Balance Sheet. Only for Payment Cash Ledger Journal Entries Passed to Net Off.
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