17 January 2018
As per the I tax law, company has booked export incentives as receivable during past year.But in new GST regime, export incentives are received as part of import licence.These licence if sold , attracts GST.How to account for these licence sale with GST when revenue for the same is already booked in last year and shown as receivable.
17 January 2018
To gain expert knowledge on GST, you may refer GST Book titled "Systematic Approach to GST", refer the link https://www.amazon.in/dp/194832105X
17 January 2018
To gain expert knowledge on GST, you may refer GST Book titled "Systematic Approach to GST", refer the link https://www.amazon.in/dp/194832105X
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