Taxation In NepalTU Board 2023
A customer purchased a Electric Fan from a retailer paying Rs 67,800 inclusive VAT. The Fan was imported by importer and it was sold to the retailer. The profit margin 15% on cost price was charged…
6A customer purchased a Electric Fan from a retailer paying Rs 67,800 inclusive VAT. The Fan was imported by importer and it was sold to the retailer. The profit margin 15% on cost price was charged in all cases. Required: (a) Invoice price of importer. (b) VAT paid at each stage of sales.
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