Treatment of VAT Tax paid

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2010 What is the tratement of VAt Tax payable/paid on sales?Whether the VAT tax paid be treated as Expenditure??

14 December 2010 how it can be treated as your expenditure? you have already recovered it from customer

14 December 2010 If Paid Vat Means it will Shown in Assets Side Upto Using Of input Credit

Thanks




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries