Input & output vat adjustment at petrolpumps

220 views 2 replies
VAT tax on Diesel When purchased was 23%. Sale commenced after 12 months from purchase. VAT at the time of sale is 27%. Will Out Put VAT be charged at 27% or 23% for that quantity of stock ?
Replies (2)

it will be charged at new rate 27%

Thank u Sir.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register