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Punjab vat

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(Querist)
31 October 2011 sir how can we calculate the vat 2,2a,2b form net tex payable
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Gursimar Singh

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Gursimar Singh (Expert)
31 October 2011 Use This formula just for Calculation (Based on illus. on pextax):
Vat 2..... 98% of VAT AMOUNT(without Surcharge)
Vat 2A.....10% of VAT AMOUNT(without Surcharge)
Vat 2B.... 2% of VAT AMOUNT(without Surcharge)

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