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pls i need the answer with in 1 hour. Thanks Q No. 1 Compute the tax liability of a Registered Manufacturer who has the following
pls i need the answer with in 1 hour. Thanks
Q No. 1 Compute the tax liability of a Registered Manufacturer who has the following transactions during The month of March 2021. (Marks:10) Transaction Value Purchases from Registered Persons Rs.9,750,000 Purchases from Non-Registered persons Rs.500,000 Purchases from Registered retailers Rs. 800,000 Imports with following details: Invoice value Rs.1,800,000 Custom duty Rs.450,000 FED Value determined for sales tax Rs.75,000 Rs.2,250,000 Sale of taxable supplies to Registered persons Rs.6,000,000 Sale of taxable supplies to Non-Registered persons Rs.2,100,000 Exports Rs.3,000,000 Sale of exempt supplies Rs. 1,500,000Step by Step Solution
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