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Seating (Pty) Ltd is a large furniture business in South Africa and is also registered for VAT. It received an order for dining room tables
Seating (Pty) Ltd is a large furniture business in South Africa and is also registered for VAT. It received an order for dining room tables and chairs from a customer in Nairobi for R220 000 (exclusive of VAT). What is the output VAT that needs to be levied on the sales price? Assume a VAT rate of 15%.
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