User Profile

IN- Load on Inventory applied for GST on the charges is showing under GST recoverable account


As per India GST requirements, institutions like IIMU, who provide GST exempt services, are not eligible to take input credit while procuring goods and services used for those exempt supplies. Hence, on any vendor invoice, all costs, including GST on base amount, GST, charges, and GST on charg...

Read more...
0 Comments

Read more...
0 Comments

Category: Tax (381)

STATUS DETAILS
New