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The accounts of Ms Morning Place are showing a balance of Vat Rs.1000. They sold the goods for Rs.100000 and charged OUTPUT VAT Rs.5000. Calculate the Sales Tax liabilities of Ms Morning Place. Solution-We shall calculate the tax liability of Ms Morning Place during a return period as under-.
LAWFIRM Heavy Industries Co., Ltd. China(Mainland)
Our products sell well all over the world, and have advanced technology in the field of crushing sand grinding powder.