Hi Sayyad
Input Cenvat Deferred is under Current Assets
Some people also put it under Duties and taxes (Current Liability) where it shows as Debit Balance
Both practices are correct
Written on Jan. 16, 2017, 10:35 a.m.
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On purchasing the machinery with exice.My is that we'll create 2 leadger exice deffered please tell me about its head in tally
Davneet Singh
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