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Mr.Yasir, is a sales tax registered person and a manufacturer of Bed Sheets, which falls under zero rated goods(Textile Items).He sold bed sheets to Mr.
Mr.Yasir, is a sales tax registered person and a manufacturer of Bed Sheets, which falls under zero rated goods(Textile Items).He sold bed sheets to Mr. X for the sum of Rs.500,000/- and charge sales tax accordingly.In addition to the above, Mr.Yasirpurchased raw material for the sum of Rs. 100,000 plus 17% sales tax..
Discuss Sales Tax Liability of Mr.Yasir?
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