VAT liability for lost inventory
by panwa group | Aug 12, 2019 | 5.QA
The company registered VAT and for our company’s inventory this month, some products were lost. Please advise what to do? Panwa: For the lost products, the company must submit the VAT by using the product’s selling price. For more information,...vat percentage for exporter or export business
by panwa group | Aug 12, 2019 | 5.QA
How many percent should be of VAT if our company will export the goods to overseas? Please advise. Panwa: The zero rate shall be used in VAT calculation for export of goods Refer to the Revenue Code section 80/1. For more information, please feel free to contact...