SKT exports purchased raw material on which it paid VAT rs 160000.
the entire goods were exported to a country in africa. It has another unit where is VAT output credit rs 345000 and input credit of rs180000
net VAT liability?
Menu
value added tax 2
Replies (4)
Madam.,
Please tell 'Which State VAT'...?
If Purchased items to sale export. You will apply Reverse credit for the sale value. After you calculate the tax liability....
it isnt mentioned even in the que
options for this que are
a. 165000
b. 5000
c. 185000
d. 345000
a. 165000
b. 5000
c. 185000
d. 345000
Recent Threads
- Poll: Do you spend >30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
Related Threads
CAclubindia
