Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Below are the operational activities of a company that has been confirmed as a Taxable Entrepreneur, namely: A. Delivering Taxable Goods worth Rp.10,000,000,000 (excluding 10%

Below are the operational activities of a company that has been confirmed as a Taxable Entrepreneur, namely:

A. Delivering Taxable Goods worth Rp.10,000,000,000 (excluding 10% VAT);

b. Delivering Taxable Services worth Rp1,265,000,000 (including 10% VAT);

c. Delivering PPN (Non-BKP / JPK) not payable in the amount of IDR 500,000,000;

d. Make a delivery that is exempted from the imposition of VAT worth Rp 100,000,000;

e. Make a delivery that is not worth IDR 150,000,000 worth of VAT;

f. Receiving BKP / JKP related to the delivery of payable VAT worth IDR 5,000,000,000 (excluding 10% VAT);

g. Receiving BKP / JKP related to the non-payable VAT (Non-BKP / JPK) worth of IDR 400,000,000;

h. Receiving BKP / JKP related to submission which is exempted from the imposition of VAT (NonBKP / JPK) worth IDR 400,000,000;

me. Receiving BKP / JKP related to submission that is free of VAT (Non-BKP / JPK) worth IDR 400,000,000.

j. Importing electronics from America starting at US $ 100,000; US $ 1,000 insurance; the freight to Makassar is US $ 2,000. Import duty of 10% from CIF and additional import duty of 4% from CIF (do not have API and electronic goods including luxury goods at a rate of 30%, assuming the tax rate against 1 US $ is Rp 7,200.-

Requested:

1. (For questions a to j) Determine the type and calculate the nominal VAT for each of the above transactions (Output Tax or Input Tax)!

2. (Especially questions a to i) Calculate and analyze whether VAT is Overpayed or Underpaid!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting The Basis For Business Decisions

Authors: Robert F. Meigs, Mary A. Meigs, Mark Bettner, Ray Whittington

10th Edition

0070433607, 978-0070433601

More Books

Students also viewed these Accounting questions

Question

b. What is the persons job title?

Answered: 1 week ago

Question

What do you believe was the cause of the turnover problem?

Answered: 1 week ago