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On August 1, Mr. S a VAT Taxpayer made purchases of fixes assets as follows: Asset 1 useful life of 2 years= 600,000 Asset 2

On August 1, Mr. S a VAT Taxpayer made purchases of fixes assets as follows:

Asset 1 useful life of 2 years= 600,000

Asset 2 useful life of 3 years= 900,000

How much is the input taxes of July from the purchases?

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On August 1, 2018, Mr. S., a VAT taxpayer, made purchases of fixed assets as follows: Fixed Asset No. 1, with a useful life of 2 years P600,000 Fixed Asset No. 2, with a useful life of 3 years 900,000 Aggregate for the month 1,500,000 How much is the input taxes ofJuly from the purchases

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