Gst paid account

gst paid a/c is a indirect or direct expenses profit and loss account
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Quick Summary
This discussion clarifies the nature of a GST paid account. It explains that GST paid is typically treated as a liability account under the 'Duties and Taxes' head, rather than a direct or indirect expense. The exact classification can sometimes depend on specific accounting treatments and circumstances.

GST paid is a liability account
It can be libilities as expenses depends on the circumstances of treatment
GST paid is liability account under Duties and taxes head

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