tax free sales
This query is : Resolved
seema chouhan
(Querist)
03 February 2010
One of my client is having sales tax audit but the total sales is tax free
but whatever he is purchasing is taxable
so my querry is how much % of setoff to claimed on tax free sales
but whatever he is purchasing is taxable
so my querry is how much % of setoff to claimed on tax free sales
Vishnu Saboo
(Expert)
12 February 2010
if finish good is exmpt from tax, no tax credit would be allowed for RM of such finished good.
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