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
- Import of goods and igst related
- DGFT licence port mismatch with Postal (PAD) impor
- Tax on sale property (Land)
- Recruitment for Jr.Accountant.
- Refund of tax paid earlier
- WHY and which ITR just to declare company shares ?
- Contribution to political party
- 40+ single CA group
- Interest u/s 234B on updated return u/s 139(8A)
- GST registration documents
Related Threads
CAclubindia
