Input Vat is also comes in currents asset because it is receivable from the

If cash-in-hand comes in current asset(head) then please tell me in which head comes "input vat" and "output vat"

Question Posted / sunil raghav

Answer Posted / sunil raghav

Input Vat is also comes in currents asset because it is receivable from the party.

Out put vat is simply comes in Current Liability

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