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Acompany had the following transaction during the tax period 11 Turnover from sale of food in the country - 1,250 thousand tenge 2) Turnovers from

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Acompany had the following transaction during the tax period 11 Turnover from sale of food in the country - 1,250 thousand tenge 2) Turnovers from exporting office supplies 1,500 thousand tenge 3) Turnovers from sale of medicine in the country 890 thousand tenge 4) When oranged advertisement campaign, the company gined goods that had cost 100,000 Tenge (1000 tenge per unit) 5) The cost of the raw material received from suppliers was 1.100 thousand tenge 6) The company paid 500 thousand tenge for its related to transportation expenses 7) During the reporting period, the company acquired a car for 2,300 thousand tenge and equipment for 190 thousand lenge 8) The company imported equipment. The cost of the equipment was 12 thousand USD The transportations expenses were 3 thousand USD. The company used import VAT ontsetting method (under this method a company shall accrue VAT but not pay it). Customs rate was 15% The rate for customs processing was 0 1% Exchange rates When the cargo crossed the border - 430 tenge per USD When customs declaration was provided 421 tenge per USD When goods were sold - 410 tenge/ USD This taxpayer used proportioned method for accounting of VAT input. All suppliers were VAT payers All transactions did not include VAT, except transactions related to acquisition of PPE items. Required: Determine the VAT output OA) 150 thousand tenge OB) 330 OC) 437 thousand tenge OD) No correct choice

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