VAT is calculated after calculating NBT and the customer also payes some amount for NBT?

asked Sep 13, 2018 in VAT by anonymous
Sale value = 100
With NBT the value = 102
With VAT the value = 117.3
So customer pays 2.3 for NBT and 15 for VAT
commented Jan 27 by Chathuranga (800 points)
You don't need to declare NBT amount on your invoices. Because some of the customers refuse to pay NBT. NBT paid on your turnover, so no need to show it. But if you issue invoices to manufacturer then better to disclose NBT amount. Because manufacturers can claim it against output NBT (Only on Manufacturing items)

1 Answer

0 votes
answered Sep 13, 2018 by Visio (4,530 points)
Yes you can add NBT to invoice so that it is passed on to customer