Hi Sir/Madam
I have Taken CGST/SGST ledgers on Sales under Current Liabilities (Duties and Taxes) classification
There is CGST/SGST Input tax credit on Purchases as per GSTR 2B
Can i take same classifiaction for this Purchase related CGST/SGST Input tax credit like Current Liabilites (Duties and taxes )
Or is it required to take Purchase related CGST/SGST under Current Assets
Please advise
Thanks