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Hasan Traders, an importer, imported 100 pieces of LED TV at CIF price @ Tk. 100,000 per piece. The clearing and other incidental charges amounted
Hasan Traders, an importer, imported 100 pieces of LED TV at CIF price @ Tk. 100,000 per piece. The clearing and other incidental charges amounted to Tk. 100,000 for the total consignment. He sold 90 pieces of TV to a whole seller at a markup of 10% (exclusive of VAT). The whole seller charged 10% mark up to sell it to retailers. The retailers incurred a cost @ Tk. 2,500 for maintenance and other expenses and added 10% mark up to the price. Compute VAT assuming that the retailers sold 80 pieces of TV in DITF among various customers in the month of January, 2021.
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Vt is tx hrged n vlue dditin in rdut t eh hse where vlue hs been dded In Bngldesh stndrd rte f VT is ...Get Instant Access to Expert-Tailored Solutions
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