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How is the transitional input vat computed

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Reference no: EM133455443

Questions

1. Discuss briefly the allocation of non-traceable input VAT.

2. Discuss/Explain the concept of creditable input VAT and its requisites. Discuss each requisites.

3. Discuss the rules on timing of credit of regular input VAT.

4. Explain/Discuss the concept of monthly aggregate acquisition cost.

5. How is the transitional input VAT computed? Explain.

6. Explain how to claim input VAT on a construction in progress.

7. Discuss/Explain the concept of presumptive input VAT.

8. Explain/Discuss the concept of input VAT carry-over.

9. Discuss/Explain the concept of standard input VAT and also its treatment.

Reference no: EM133455443

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