Service tax input credit - what to do? since gst is implimen

631 views 3 replies

Since GST has come into force on 1st July 2017 . i have seen that many entities are carrying forward their Input tax credit in current asset side. I feel this inflates the assets value. I am not sure what has to be done? As per me it has to be written off , is this correct?

Please do let me know at the earliest.

Thanks in advance

Replies (3)

Just to clarify they are carrying forward the Input credit for service tax

Just to clarify they are carrying forward the Input credit for service tax

Just to clarify they are carrying forward the Input credit for service tax

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details