true

Take Class 12 Tuition from the Best Tutors

Affordable fees
1-1 or Group class
Flexible Timings
Verified Tutors

Search in

GST

Vijayakumar V.

11/09/2018 1 0

GST refers to Goods and Services Tax.

GST replaced then called sales tax and service taxes.

GST paid on purchases shall be recorded as an asset which shall be offset with the GST collected (liability for the seller) on Sale of goods and services. The net GST collected over GST paid shall be deposited to tax authorities.

1 Like 0 Dislike

Follow 3

Other Lessons for You

Qualifications and Appointment of Supreme Court Judges in India

The Supreme court Judges in India are appointed by the President on the advice of his Council of Ministers and in consultation with such persons as he deems fit. In the appointment of the Chief Justice,...

Deepa H.

1 0

Raagi muddhe - Shabdhartha

Sandhya

0 0

Accounting: Principles, Concepts And Conventions

Q 1. Define Accounting. Ans. Accounting may be defined as the process of recording, classifying, summarizing and interpreting the financial transactions and communicating the results there of to the persons...

CA. Pukhraj Moondra

3 0

Escalation Clause in contract costing.

Meaning: In Fixed Price Contracts, the contract price is fixed and pre-determined. If there is an increase in prices of materials, rates of labour etc. during the period of execution of a contract,...

FR Prashanth Reddy

19 0

USERS OF FINANCIAL STATEMENTS

Accounting is the language of business. The objective of such language is to communicate information which is useful for varied category of people. Collectively we call them as “Users of financial...

FR Prashanth Reddy

4 0

Find Class 12 Tuition near you

Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you

Class 12 Tuition Questions

What are the best examples for Newton's laws?

55 Answers

The electromotive force is written as __________. (E = W/q, E = Wq, E = Q/I, None of these)

11 Answers

If 1/6 ! + 1/7 ! = x / 8 !, find x?

5 Answers

A frame of reference in which Newton’s laws of motion are not valid is called __________. (Cartesian...

7 Answers

Give the IUPAC Name of Benzene ?

19 Answers

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

Select the best Tutor
Book & Attend a Free Demo
Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

I am a Student I am a Tutor
Name*	Please enter your full name. Please enter institute name.
Email*	Please enter your email address.
Phone*	Please enter a valid phone number.
Location*	Please enter a pincode or area name.
City*	Please enter city name.
Category*	Please enter category.
Gender*	Male Female Please select your gender.
Email ID/ Mobile No.*	Please enter either mobile no. or email.
Enter Password*	Please enter OTP Please enter Password Sorry, this phone number is not verified, Please login with your email Id.