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 Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
