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How much is the total VAT on local sales and importation

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Question - How much is the total VAT on local sales and importation?

The following data taken from its books are presented to you by Fish Fresh, Canned and Dried, VAT-registered company.

Sale of locally produced canned sardines P1,000,000

Sale of newly hauled fresh sardines P1,500,000

Sale of canned sardines to a Subic Bay Metropolitan Authority accredited enterprise P500,000

Sale of locally produced dried fish P700,000

Importation of fresh fish from Alaska, USA P2,000,000

Importation of canned sardines from Portugal P3,000,000

Reference no: EM132839672

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