Which of the following statements are correct?  i. A VAT invoice should be pre-numbered and must show the: - Words “Tax Invoice” (shown prominently) ii. A VAT invoice should display the total amount of the consideration and the VAT. iii. A VAT invoice should display the name and address of the registered taxpayer to whom the taxable supply is made. iv. A VAT invoice should display the date of the taxable supply. a. All of the above b. i, ii and iv c. i, and iii d. i only

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter5: Deductions For And From Agi
Section: Chapter Questions
Problem 20MCQ
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Which of the following statements are correct?

 i. A VAT invoice should be pre-numbered and must show the: - Words “Tax Invoice” (shown prominently)

ii. A VAT invoice should display the total amount of the consideration and the VAT.

iii. A VAT invoice should display the name and address of the registered taxpayer to whom the taxable supply is made.

iv. A VAT invoice should display the date of the taxable supply.


a.
All of the above


b.
i, ii and iv


c.
i, and iii


d.
i only

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