Provisions
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2018
Does Year end provisions should include GST component? If yes, we can't take ITC without having invoice in GST...
08 May 2018
No GST is required, rather should not be, included in year end provision for expenses. The ITC can be claimed only on the strength of the Invoice of a supplier.
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