08-18-2009, 02:23 PM
Well Mr laptop,
this is an ideal case, you withheld the amount of supplier and pay the sales tax. What will be the procedure if LTU taxpayer bear the cost as the un registered are not ready for deduction on the other side they will increase the cost and the ultimate burdon is on LTUs. can the LTUs claim input if they pay the amount like this???????and how it will be claimed in Sales tax return?????
Value of Supplies 100,000/-
Withholding amount @ 16%- 16,000/-
Agent Shell pay to supplier- 100,000/-
i am waiting for yor expert advise MR. Laptop.
Regards,
this is an ideal case, you withheld the amount of supplier and pay the sales tax. What will be the procedure if LTU taxpayer bear the cost as the un registered are not ready for deduction on the other side they will increase the cost and the ultimate burdon is on LTUs. can the LTUs claim input if they pay the amount like this???????and how it will be claimed in Sales tax return?????
Value of Supplies 100,000/-
Withholding amount @ 16%- 16,000/-
Agent Shell pay to supplier- 100,000/-
i am waiting for yor expert advise MR. Laptop.
Regards,
