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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. write down the VAT number.
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