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Let us assume the Value Added Tax (VAT) rate is 5% in Oman. A company purchased goods worth RO 10000 from the supplier and makes

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Let us assume the Value Added Tax (VAT) rate is 5% in Oman. A company purchased goods worth RO 10000 from the supplier and makes the payment along with VAT. The company realized RO 15500 from the sale of goods and also charged VAT from the customer. What will be the total amount VAT collected the government

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