Hi to everyone,
Should a foreign supplier be exempt of Vat or Liable of Vat?
In my country, Vat is paid on imported goods when they go through the customs. But the foreign supplier does not charge us that. How would you setup you foreign supplier and how would you account for vat paid to customs on imported goods.
Thanks
Kentish
Edited by: Kentish Bhowaneedin on Apr 22, 2009 7:37 AM