IGST Input Regarding

Sir,
IGST Input Comes Under Current Assets
IGST Output Comes Under Expenses ?
Replies (5)
Quick Summary
This discussion explores the correct accounting treatment for IGST input. Participants debate whether IGST input should be classified as a Current Asset or a Current Liability. The consensus leans towards IGST input being treated as a Current Asset, while IGST output is considered a Current Liability.

Cureent liability
IGST input regarding Current liability
No igst input is current assets
and igst output is current liab
Yes it is under current liabilities
Input under Current Asset & Output under Current Liability

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