Can VAT(value added tax) be deducted.
Answers
Answered by
4
Answer:
You can deduct the VAT only if you have purchased the goods or services for a purpose that relates to the business operation for which you are liable to VAT. If you also use the purchased goods or services for other activities, your right of deduction is limited to the proportion of their use for VAT purposes.
Answered by
3
Answer:
no VAT cannot be deducted because it is the money paid by consumer to government while buying any type of goods.
Step-by-step explanation:
Similar questions