plz tell the treatment of VAT in case of fuel , lease, rent receive… for example: we have to calculte the payable or refundable amount, the question is : abc co. (3 MONTHS PERIOD) output vat: 100000 input vat: 5000 other information : abc co. granted a 4 year lease over one of its properties, under the term of lease, the monthly rent was 1800 and abc charged a lease premium of 6000. the option to tax has been exercised in respect of this building. (all figure are exclusive of vat……….
and my secong questiion is : wht is the treatment of fuel provided to employee for business use, and for pvt. use….