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Compute Sales tax liability of Mr Abbas

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Question - Mr. Abbas is a sales tax registered person and is a supplier of Tiles,he purchased tiles from Best Tiles PvtLtd. Which is a manufacturer of tiles, for the sum of Rs.1,000,000/- and paid 17% sales tax on the said purchases. Further, during the month, Mr. Abbas also purchased by- products, which include chemicals from the same manufacturer for the sum of Rs.100,000 plus 17% . Mr. Abbas also paid K Electric Bill for the sum of Rs.10,000/-during the same month, which includes sales tax for the sum of Rs.2,000/- Subsequently, Mr. Abbassold/supplied goods to Mr. Hamza for the sum of Rs.1,200,000 and charged sales tax at the rate of 17%. Compute Sales tax liability of Mr. Abbas?

Reference no: EM132563044

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