My supplies are as follows
1.I have small bag manufacturing and sale at my supermarket
500 of bags sold in quarter 750 each
2.sales at super market
Food items VAT liable 500 000+VAT
sale of goods imported under special CommodityLevy category 600 000
Unprocessed Adreculture goods 500 000
3.My small tution class - fees received 200 000
Liability of VAT
bags 500 x 750=375 000 x11/111 = 37162
Vatable food items 500 000x11%=55 000
SCL items -exempted
Agre items - exempted
wholesale ...liability
tot supply =500 000+500 000+337838=1 337 838
25% of total supply =334 460
exempted agreculture value -334 460=165540
VAT 165540x100/111=149135x11/100=16405
IS this wholesale VAT computation correct ? how to match with 100m limit
