Scribd Logo
Upload

Welcome to Scribd!

  • Question: Which Statement Is Not Correct

    Uploaded by

    naztig_017
    6 views1 page
    The excess input taxes of a taxable period arising from domestic sales may not be refunded. According to the document, input tax credits from domestic sales can be carried forward to the next tax period, but cannot be refunded, while excess credits from export sales can be refunded.

    Original Description:

    Tax Review Question

    Original Title

    T3

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The excess input taxes of a taxable period arising from domestic sales may not be refunded. According to the document, input tax credits from domestic sales can be carried forward to the next tax period, but cannot be refunded, while excess credits from export sales can be refunded.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Question: Which Statement Is Not Correct

    Uploaded by

    naztig_017
    The excess input taxes of a taxable period arising from domestic sales may not be refunded. According to the document, input tax credits from domestic sales can be carried forward to the next tax period, but cannot be refunded, while excess credits from export sales can be refunded.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Question: Which statement is not correct:

    the excess input taxes of a taxable month arising from domestic sales may be carried over to the
    succeeding month
    the excess input taxes of a taxable quarterly arising from domestic sales may be carried over to the
    succeeding quarter
    the excess input taxes of a taxable period arising from domestic sales may be refunded
    the excess input taxes of a taxable period arising from export sales may be refunded

    You might also like