The following information relates to Vans Ltd$,$ a vendor for a VAT purposes, and a

resident of the Republic, for its period $($a two period$)$ ended $31$ December $2022$:

$$ Supplies of goods made by it subject to the standard rate was R$342000$

$$ Supplies of goods or services made by subject to VAT at the zero rate was

R$100000.$ These goods were exported.

$$ Supplies of goods or services made by it does not subject to VAT $($exempt$)$ was

R$30000.$

$$ Input tax of R$50000$ was incurred for capital goods purchased.

$$ Input tax incurred for goods and services supplies to it was R$25000.$

$$ Second $-$hand goods $($not of a capital nature$)$ costing R$22800$ were purchased

and paid for by it from a non$-$vendor.

$$ A debtor who owed it R $68400$ was liquidated during this period. A first and final

liquidation distribution of $20$ cents in the rand was awarded to it$.$ The balance

owing was written off by it as a bad debt.

$$ The cash equivalent of the value of the fringe benefits $($excluding the use of

motor vehicles$)$ granted by it to its employees $($that are subject to VAT$)$ during

this period was R$17100($This amount has not been included in the above

amounts for the supply of goods or services made by it$.)$

$$ During this period, it issued two credit notes. The first was to a $$local$$ customer,

for R$11400,$ and the second was to a $$foreign$$ customer, for R$6000.$

$$ One credit note for R$9120$ was received by it during this tax period.

YOU ARE REQUIRED TO :

Calculate the VAT due to$,$ or from the Commissioner for this tax period.