- This topic has 2 replies, 2 voices, and was last updated 9 years ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
- Posts
which of the following is true ?
1. if input tax exceeds output tax the difference is payable to the authorities.
2. sales tax cannot be recovered on some purchases.
Hi . My confusion is for number 1 , why the answer is false ?sorry now i have understand the answer , it was supposed to be ( paid by the authorities )
Thanks
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.