VAT Calculalation

asked Mar 27, 2017 in VAT by Erandi (120 points)
Jaffna municipal council is always calculating the VAT without considering the NBT
Y is that

1 Answer

0 votes
answered Jul 21, 2017 by wmthushara (3,830 points)
They might consider NBT as a part of Net value taken for VAT purposes. say if the net value is 100 and VAT is 15, the net value is included 2 of NBT.