Question
Zhanna LLP performed the following operations during the reporting period: Performed construction and other services to other organizations and enterprises in the amount of 55,980,000
Zhanna LLP performed the following operations during the reporting period:
- Performed construction and other services to other organizations and enterprises in the amount of 55,980,000 tenge with VAT.
- Services that are not subject to VAT, according to the legislation amounted to
4,250,000 tenge.
3. Equipment and other goods, services were purchased in the amount of
18,500,000 tenge with VAT for the purposes of taxable turnover.
4. Services were purchased for the purposes of non-taxable turnover in the amount of 1,000,000 tenge with VAT.
Required.
Calculate VAT amount allowed for offset applying both methods( Proportional method and by maintaining separate accounting for VAT on goods/works/services that are used or will be used for the purposes of taxable and non-taxable turnovers) , and VAT payable to the budget of Kazakhstan .
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