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Vat payable in tally

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(Querist)
14 September 2012 Dear sir,

in tally software we transferred vat input and output to vat payable account each month and at the end of march we get Total vat payable and we will shown on balance sheet at ht provision side is it correct or not

please replay your answer dear respected experts

Regards
Ramesha.m
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CA VIKASH AGARWAL

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CA VIKASH AGARWAL (Expert)
14 September 2012 it is to be shown under duties and taxes
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Ramesha.M

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Ramesha.M (Querist)
17 September 2012 Dear sir,

Thank you very much for replay

Regards
Ramesha.m
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