Santino Ltd, a vendor registered for VAT on the invoice basis, provides the following information for the period January 2021 and February 2021 (all amounts, where applicable, include VAT at 15%, and tax invoices have been issued for all sales and, where applicable, received from all suppliers):

Extract from the cashbook:

Cash receipts R

Cash sales in the Republic of South Africa 119 700

Sales in Eswatini (delivery was made outside the Republic) 155 750

Receipts from debtors South Africa (Note 1) 39 900

Eswatini (Note 1) 24 500

Cash payments R

Bank charges 3 990

Interest on bank overdraft 4 025

Fuel 9 450

Entertainment expenses 1 995

Stock cash purchases (Note 1) 49 875

Payments to creditors for stock purchases 55 860

Rent paid 15 960

Motor vehicle purchased (Note 2) 99 750

Delivery vehicle purchased (Note 3) 201 250

Shortterm insurance premiums fire and theft of stock 2 993

Notes 1. Debtors, creditors and stock

1 January 28 February R R

Debtors South Africa 79 800 129 675

Debtors Eswatini 59 850 69 825

Creditors purchase of stock 99 750 109 725

Stock on hand at cost (excluding VAT) 61 250 78 750

2. A new motor car for use in the business was purchased from a vendor. The person confirmed in writing the sale of the vehicle was not a taxable supply and the businessis not a car dealer.

3. A new delivery vehicle was purchased and delivered on 1 January 2021 under an instalment credit agreement. The purchase price was R201 250 (including VAT of 15%). The first payment of R10 250 was payable on 1 January 2021 and includesinterest amounting to R795.

Required: Q.4.1 Calculate the VAT payable to or refundable to/by SARS for the period ending 28 February 2021.

Note: Please indicate amounts even if zero, including a reason why the amount is zero. For example: zero rated supply, exempt supply, etc. Calculations should be rounded to the nearest second decimal. Clearly state if the amount is payable to or refundable by SARS.