$06$:$11$

$4$G

Assessment $1$

Question $4$

Not yet answered

Marked out of $1\mathrm{.}00$

Seeta $($Pty$)$ Ltd is a shoe manufacturing company that manufactures shoes for the local, African, and overseas markets. Tsakane is a registered VAT vendor on an invoice basis with a two$-$month VAT period. The following amounts were extracted from the receipts and payments for the two$-$month period to $31$ January $2024.$ All amounts are inclusive of VAT where applicable, unless otherwise stated.

Purchases returns

R$875$

$000$

Additional information:

$80\%$ of the stock was purchased from local suppliers and $20\%$ from a supplier in China. $10\%$ of the stock ordered from China $($not yet deducted in the purchases amount given$),$ was returned as damaged on arrival. Debit note DB$200$ was issued.

What is the output VAT on the purchases returned?

Round your answer to the nearest rand

A$.$ R$11282$

B$.$ R$22565$

C$.$ R$2257$

D$.$ R$12995$

Clear my choice