VAT liability for lost inventory

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...

vat percentage for exporter or export business

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...