There is ITC available in books in GST, then can I take it under the head loans and advances ?
If no, please explain in detail.
2 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 01 September 2019
Can further bifurcate under Current Asset
Akshay Jain
(Tax Consultant)
(1024 Points)
Replied 02 September 2019
but is it correct to take it into current assets or have to transfer to Duties and taxes
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