HELP !!! (WCT & VAT Combimed)

ashok (a) (36 Points)

08 January 2010  

A client has the following sales & pur. Pattern

  Sales (Output VAT) (A) Rs. 80,000/- @   8%  = 6,400/-  

                               (B)  Rs. 20,000/- @ 12.5% = 2,500/-  

                                  Total Vat collected of    Rs. 8,900/-

 

Purchases (Input VAT) (A) Rs. 40,000 + 4% vat  = 1,600/-, 

                                        (B) Rs. 20,000 + 12.5 vat = 2,500/-

                                   Total Vat  paid of    Rs. 4,100/-

 

How he should work out his tax libility.