Input VAT is paid to the supplier from the person buying the goods. Output VAT is collected from the customer by the supplier. | Accounting concepts

Title

Input VAT is paid to the supplier from the person buying the goods. Output VAT is collected from the customer by the supplier.

%title

Input VAT is paid to the supplier from the person buying the goods. Output VAT is collected from the customer by the supplier.

Subject: 

  • Accounting

Category: 

  • Accounting concepts