Can any one please explain this....
(Please download the excel sheet which was attached to this post)
Thank you
Attached File : 303339 857591 vat and single point tax.xls downloaded: 131 times
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Vat vs. single point taxation
Replies (1)
You have calucated the VAT wrong in your sheet.
As in VAT you get the input credit of VAT paid so the cost for the fisrt stage dealer will be 105 only.
I will attach the correct calculation in next post later.
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