How do we calculate VAT & NBT on invoice?

asked Jul 7, 2015 in NBT by anonymous

1 Answer

0 votes
answered Jul 7, 2015 by Visio (4,010 points)
It has to be sales value + NBT + VAT. VAT is calculated on the total of sales value + nbt.
However charging NBT from customers is not compulsory. NBT can also be calculated as 2% or as 2/98.
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