Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An importer imported 100 pieces of motor vehicle at CIF price of Taka 80.000 per piece. Cleaning price is 90000 for the lot. Then importer
An importer imported 100 pieces of motor vehicle at CIF price of Taka 80.000 per piece. Cleaning price is 90000 for the lot. Then importer sold 100 pieces to wholesaler @10% profit and wholesaler sold to all of it to retail @ 20% profit. Retailer sold it to consumer @ 30% profit. Compute VAT bourne out by consumer. You don't have to show any work here. Simply write down the VAT number.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started