GST Payeble and ITC
Faheem Akram (802 Points)
27 August 2018
its should be shown sepretly ITC and GST Payeble or Nett off in Balance Sheet??
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 27 August 2018
If without doubt for the values then better to Prepare Separate Heads...
May be understand by the Accountant of the Firm's then He can prepare Nett of the Values...
As per balance sheet You can show it Nett value and Show it separately in Detailed Schedule sheet...
May be understand by the Accountant of the Firm's then He can prepare Nett of the Values...
As per balance sheet You can show it Nett value and Show it separately in Detailed Schedule sheet...
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 28 August 2018
Yea it should be shown separately
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