Sales Tax

Arshad sb. Purchased a few items for business with the

He sold these itens for 1,400,000
What is the amount of sales tax that is payable by him t

Normal taxable supplies

Ouput 252000
Less: Input 180,000
Payable 72,000

Exempt Supplies (Exempt Pur.)

Output -
Input -
Payable -
r business with the amount of 1,000,000

is payable by him to FBR?

Zero Rated supplies

Output 0
Less: Input 180,000
Rebate/Refund 180,000

Exempt Supplies When purchases

Output - were Taxable
Less: Input 170,000
Dead Input 170,000
purchases
 Sales 3,500,000 Output tax 630000
Less: Purchases 3,000,000 Less: Input tax 540000
Value add. 500,000
Sales tax P.a 90000 Tax 90000
Collected from Customers
Paid to suppliers