BVAT Act 36Chapter VI · Returns, Assessment, Re-assessment and Payment of Tax
Section 36 · Tax payable by a dealer
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The tax payable by a dealer shall be calculated according to the following
formula, namely:--
T = A–B
Where--
T means the tax payable by the dealer,
A means the output tax under this Act, and
B means the total amount of input tax credit allowable to the dealer under section 16 or section 17.
