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From the given below summary of transactions during a tax period, compute the sales tax liability of M/s Farooq Limited. Purchases against Tax Invoices Rs.
From the given below summary of transactions during a tax period, compute the sales tax liability of M/s Farooq Limited. Purchases against Tax Invoices Rs. 4,000,000 Purchases against Commercial Invoices Rs. 1,000,000 Import of Goods Rs. 2,500,000 Sales to Registered Person Rs. 8,000,000 Sales to Non-Registered Person Rs. 1,000,000 Stock In Trade Rs. 2,500,000
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