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GST Payeble and ITC

ITC / Input 256 views 3 replies

Faheem Akram

802 Points Posted on 27 August 2018

its should be shown sepretly ITC and GST Payeble or Nett off in Balance Sheet??

Replies (3)

Sreejith G Kammath

Mr

189 Points Posted on 27 August 2018

Question not clear.

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 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...

Pankaj Rawat

GST Practitioner

55067 Points Posted on 28 August 2018

Yea it should be shown separately

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