Example A VAT registered company; purchased and sold both taxable and non-taxable (exempt) supplies during the month of June 2017 as follows (figures are VAT exclusive) Sales at standard rate 16,000,000 Sales at zero rate 4,000,000 Purchases at standard rate 6,000,000 Business expenses (electricity, telephone etc) 2,000,000 Required: Calculate deductible input VAT for the month on the assumption that exempt sales for the month totaled i) Tshs 13,500,000 ii) Tshs 220,000,000 iii) Tshs 1,000,000.