Question

what does output tax includes​

Answer 1

Explanation:

ᴮᴮᴬᵁᵂᴮᵂᴴᴬᵀ ˢᴵˢᴮᵞᴿᴼᵞˢᴱ ˢᴮᴬᴮᴺᴬᴮˢᴵˢᴺᴹˢˢ

Answer 2

Answer:

This mechanism is called utilization of input tax credit. Tax payable on output (FINAL PRODU CT) is Rs 450 b. Tax paid on input (PURCHASES) is Rs 300 c. You can cl aim INPUT CREDIT of Rs 300 and you only need to deposit Rs 150 in taxes.