1. The following data for the month relates to William Company, a VAT registered person (amounts are vat inclusive):

Domestic salesP 330,000

Other domestic sales (sales to export traders)274,996

Export sales200,000

Purchases of goods for domestic sales374,000

Purchases of supplies on domestic sales69,848

Purchase of service154,000

Purchase of goods for export55,000

Required:

a.Determine the total input tax

b.Determine the value added tax payable if excess input taxes on exports are claimed as tax credit.