Tax Payable on Inverted Rate Supply of Gst in Financial Formulas

Tax Payable on Inverted Rate Supply of Gst refers to the amount of gst that a taxpayer remits to the government for transactions where tax rate inputs are higher than the tax rate on output supplies. And is denoted by TGS.

Financial formulas that make use of Tax Payable on Inverted Rate Supply of Gst

fxMaximum Refund AmountGo

FAQ

What is the Tax Payable on Inverted Rate Supply of Gst?

Tax Payable on Inverted Rate Supply of Gst refers to the amount of gst that a taxpayer remits to the government for transactions where tax rate inputs are higher than the tax rate on output supplies.

Can the Tax Payable on Inverted Rate Supply of Gst be negative?

{YesorNo}, the Tax Payable on Inverted Rate Supply of Gst, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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