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EASYOFFICE

Required meaning of purchase on margin & vat on margin

This query is : Resolved 

15 April 2015 what is the purchase on margin & vat on margin please give me details

15 April 2015 Sir your question is not clear.

16 April 2015 A company whose final major finish products is tax free then then 2% VAT kept as an margin on gross input VAT and the same to be deduct/deposit to Sales Tax.




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