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BDF limited as the following supplies: Supplies at standard rate $5,000,000 Supplies at Zero percent $3,000,00 Supplies at 25% $2,000,000 Exempt Supplies $5,000,000 The GCT
BDF limited as the following supplies: Supplies at standard rate $5,000,000 Supplies at Zero percent $3,000,00 Supplies at 25% $2,000,000 Exempt Supplies $5,000,000 The GCT threshold is $10,000,000. Which of the following statement is correct? a. BDF limited taxable supplies is $7,000,000. The company is not required to register O b. for VAT BDF limited total supplies is $15,000,000. The company is required to register for O c. VAT. BDF limited taxable has exempt supplies. The company is not required to register d. for VAT. BDF limited total supplies is $9,000,000. The company is required to register for VAT
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