Question: if a purchaser has bought fixed property either wholly or partially for making taxable supplies. Which of the following statements is true?a. notiaonal inut tax

if a purchaser has bought fixed property either wholly or partially for making taxable supplies. Which of the following statements is true?a. notiaonal inut tax is calculated on 115/115 kesser of cost ir open market value of the propertyb. No Vat implication and transfer duty is not payablec. National input tax will not be claimed even though the purchaser is a registered Vat vendord. Notional input tax is limited to transfer duty paid

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