Question: Aqua (Pvt.) Ltd. is a manufacturing company making both taxable and exempt supplies. The Company Record reveals the following information for the Tax Period of March, 2021: a. b. c. Taxable Supplies Exempt Supplies Zero Rated Supplies (Rupees) 9,000,000 2,000,000 1,000,000 d. The company imported some goods to use in manufacturing of both taxable as well as exempt supplies. Total Invoice Price of these imports was converted into PKR as Rs. 3,000,000. Further information regarding these imports is as follows: . (Rupees) Value determined for custom duty. 2,000,000 Air Freight 500,000 Bank Charges 70,000 Other Charges at Port 20,000 Custom duty 320,000 Federal Excise duty_ 80,000 Required: a. b. Calculate the Sales Tax Payable at the imports only; Out of this Sales Tax at imports, how much amount is refundable and how much is not claimable at all? THE END