SKT Exports purchased raw materials on which it paid VAT of ₹ 1,60,000. The entire goods were exported to a country in Africa. It has another unit were is output VAT credit is ₹ 3,45,000 and input credit of ₹ 1,80,000. T
CS Executive · Tax Laws and Practice · PYQS · June 2017
SKT Exports purchased raw materials on which it paid VAT of ₹ 1,60,000. The entire goods were exported to a country in Africa. It has another unit were is output VAT credit is ₹ 3,45,000 and input credit of ₹ 1,80,000. The net VAT liability of the dealer is:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Value Added Tax (VAT)
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