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VAT-registered realty dealer sold a parking lot at the following terms; Zonal value (fair value) Less: 10% discount Selling price Compute the output VAT. P

VAT-registered realty dealer sold a parking lot at the following terms;

Zonal value (fair value) Less: 10% discount Selling price Compute the output VAT. P 2,000,000 200,000 P 1,800,000

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