vat payable= 1000*(20/120) = 166.67

If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What
is Vat Payable?

Question Posted / madhulika2011

Answer Posted / madhulika2011

vat payable= 1000*(20/120)
= 166.67

Is This Answer Correct ?

3 Yes

0 No

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