Question
LTD Alpha registered and started economic activity on 01.01.2022. During 2022 following transactions were conducted (amounts are including taxes): 1. 5th January - purchased fixed
LTD Alpha registered and started economic activity on 01.01.2022. During 2022 following transactions were conducted (amounts are including taxes):
1. 5th January - purchased fixed assets - 20,000 GEL
2. 15th January - purchased goods - 33,000 GEL;
3. 18 January - Exported goods for 75,000 GEL;
4. 1st February - Received advance payment for goods to supply - 20,000 GEL;
5. 15th February - supplied goods - 30,000 GEL;
6. 28th February - paid salary - 11,000 GEL;
7. 1st March received remaining money from client - 10,000 GEL;
8. 20th March issued loan to natural person - 15,000 GEL;
9. 4th April exported goods - 45,000 GEL;
10. 25th April - sold Fixed Asset - 25,000 GEL;
11. 12th May - received advance payment - 12,000 GEL;
12. 23rd May - received interest income - 1,500 GEL;
13. 2nd June supplied goods - 22,000 GEL;
14. 30th June received money for goods - 40,000 GEL;
15. 17th July supplied goods - 30,000 GEL;
16. 9th August - purchased service - 15,000 GEL;
17. 1st September - exported goods - 14,000 GEL;
18. 5th October - supplied service - 11,000 GEL;
19. 10th November - distributed dividends - 22,000 GEL;
19. 21st December - sold goods - 25,000 GEL;
Task:
1. What is the deadline for registration as a VAT payer?
2. Determine payable VAT for each month;
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