- 6 Marks
PT – Aug 2022 – L2 – Q2b – Value-Added Tax (VAT), Customs, and Excise Duties
List three conditions under which a taxable person can deduct input tax without an invoice.
Question
Where a taxable person does not have a tax invoice that provides evidence of the input tax paid, the Commissioner-General may allow a deductible input tax in the tax period in which the deduction arises to a taxable person under certain conditions.
Required:
State THREE (3) conditions that must be satisfied before a taxable person without a tax invoice may be allowed an input tax deduction. (6 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Commissioner-General, Tax deduction, Tax Invoice, VAT Input Tax
- Level: Level 2
- Topic: Value-Added Tax (VAT), Customs, and Excise Duties
- Series: AUG 2022
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