Net amount of vat payable

hey gaurav check ans

100000 @ 12.50%= 12500

and 12.50%on 87500=10938

total is 23438

and purchase of mat from locals on which vat has already been paidre not eligible for input vat credit bcoz these purchases do not show amt of tax separately

if m wrong plzz tell me

cheers

See,Input tax will be 25000 as under

225000*12.5/112.5

And output tax will be 50000 as under

(200000+87500+100000+12500)*12.5%

Hence,net tax payable 50000-25000=25000.

please someone reply,