VAT RETURNS

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CA-PRACTICE
400 Points Joined April 2013
In case of petrol bunk, for vat returns which amount we need to show it in the monthly return. i.e b2b sales and b2c sales or only b2b/ b2c sales. As one of my friend said we need to show only B2B sales that are made to vat registered persons?
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On 23 May 2020 at 23:31 Report
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Finance/Compliance Consultant
59872 Points Joined June 2010

Both needs to be shown as output tax payable will consists of both the type of sales

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On 29 May 2020 at 12:56


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