Question: Please help 1. Sales to Ordinary Corporation - Php. 2M Export Sales Php. 1M Service Rendered to Clients Php. 500k Importation Php. 1.5M Other Vatable
Please help
1. Sales to Ordinary Corporation - Php. 2M
Export Sales Php. 1M
Service Rendered to Clients Php. 500k
Importation Php. 1.5M
Other Vatable Purchases Php. 250k
VAT Rate = 12%
How Much is the VAT Payable? (VAT based on the Create Law)
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