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The following data pertain to a vat registered taxpayer for February: Sales, total invoice price 896,000 Domestic purchases from a VAT supplier, Gross of VAT

The following data pertain to a vat registered taxpayer for February:

Sales, total invoice price 896,000

Domestic purchases from a VAT supplier, Gross of VAT 268,800

In January, there is an importation of goods to be sold, with a landed cost of 200,000.

There are no sales in January

How much is the value added tax in February using 12% VAT rate?

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