Question: Seeta ( Pty ) Ltd ( Seeta ) is a shoe manufacturing company that manufactures shoes for the local, African, and overseas markets. Seeta is

Seeta (Pty) Ltd (Seeta) is a shoe manufacturing company that manufactures shoes for the local, African, and overseas markets. Seeta is a registered VAT vendor on an invoice basis with a two-month VAT period. The following amounts were extracted from the receipts and payments for the two-month period to 31 January 2024. All amounts are inclusive of VAT where applicable, unless otherwise stated. Bank balance R258078.91Bank charges R7762.50What is the VAT from the information supplied above? Round off to the nearest rand.A.R Nil-financial services, exemptB.R1013 Input VATC.R1164 Input VATD.R1164 Output VAT

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