How to avail deemed VAT.
Is it gross total*rate/100 OR
Is it gross total*rate/100+rate.
1 Replies
PREM CHAND ROHANDYA
(Self Employed)
(145 Points)
Replied 21 April 2012
To deemed VAT formula
Total * vat rate/100
=1000 * 4 /100
=40
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