Page 12 - F6 Slide - VAT Part 4 - Lecture Day 5
P. 12

Solution









       Delivery vehicle, not motor car as defined, could claim


           input tax in the past R132 000 × 14/114 = R16 211







       Passenger vehicle, motor car, total reinstatement of


           goods where input tax originally denied – thus no output


           tax liability








       Microwave oven, entertainment, total reinstatement of


           goods where input tax originally denied – thus no output


           tax liability
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