Note: Pacific Technology Company and its suppliers are VAT registrants. All of the costs are related to its business and the company has obtained proper tax invoice. . In the case that the company has the right to claim for the tax refund, Pacific Technology Company will choose to use such tax refund as tax credit Income and expenses amount presented below is VAT exclusive. June 2019: Income: Sell mobile phone to end-user in Thailand: 200,000 Baht Sell mobile phone magazines to distributor in Thailand: 10,000 Baht Export mobile phone to foreign company: 150.000 Baht Expense/Cost: Purchase telephone equipment: Purchase ink: Rent car: Rent building: 50.000 Baht 10,000 Baht 15.000 Baht 25.000 Baht July 2019: Income: Export mobile phone to foreign company: 100,000 Baht At A) Expense/Cost: Purchase telephone equipment: Entertain customer Rent Building: 40,000 Bah 5.000 Baht 25,000 Baht Tax month: June 2019 Income amount Less: 0% sale Taxable income Output tax amount Purchase amount nput tax amount Tax to be paid / (over paid) Less Input tax carry fwd from previous month Net tax payable/(over paid)