Whether GST include or exclude
Manchi Sarapu Sridhar (Manager (Finance&Accounts)) (61 Points)
01 October 2018If the vehicle purchased for company. It is not eligible for ITC. But how to book this transaction. Is it include GST tax to the basic price or exclude the gst tax for booking as asset. For calculating depreciation, exclude the gst or include the gst.
Please clarify anybody.