GST Output tax
This query is : Resolved
13 March 2018
Assesse makes delayed registration. But he cannot collect GST on his output retrospectively from customers. Therefore he decides to pay output GST out of his pocket. Can he claim this output GST as expense in his P/L AC(there is no input tax availed by him)?
13 March 2018
Yes, it can be taken to P&L as expenses.
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