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Acounting treatment for VAt

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 November 2010 what will be the head for input vat.whether it wil be under current assets.what will be the head for output vat.vat payable wil be in current liabilities isnt it.
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CA Navin Jain

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CA Navin Jain (Expert)
26 November 2010 you are right

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