Feb

8

How is VAT computed? When i buy a product and resell it for Trading Purpose?

Filed Under India | 3 Comments

computed
legna asked:


How is the VAT i have to pay to Sales Tax Dept, computed? under these scenarios?
1. I buy the product paying VAT for it and then resell it by adding VAT? How will the Output VAT be computed? on the base price i received the goods at?

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