Question

input VAT ledger is used in​

Answer 1

Answer: -

Input VAT ledger is used in duties and taxes.

Answer 2

Input VAT ledger is used for the calculation of duties and taxes.

• Input VAT is the VAT which is included in the price when a person purchases  vatable products or services for their client.
• If a person is registered for VAT, then their VAT return allows them to deduct their input VAT against the output VAT.
• Input VAT is considered as an expense and also has a tax invoice.