问答题

问答题 (a) Calculate the sales tax payable or refundable to Zubair Enterprises Ltd, for the month of June 2010, giving explanations for treatment of: – the trade discount allowed to unregistered persons; – the goods given to the Chief Executive; – the input tax on the machinery purchased for the manufacture of goods meant for export only; and – the input tax not claimed in the return for November 2009. (7 marks)

问答题 (b) Zubair Enterprises Ltd (ZEL) has made purchases of taxable goods from a registered person but suspects that the registered person has not paid the tax in respect of these supplies. Required: State whether the amount of tax unpaid by the supplier can be recovered from ZEL, together with any actions that the company might take to mitigate any potential liability. (3 marks)