Excersice 1:

Company A in the third quarter of year N purchased raw materials as follows:

- The VAT-inclusive price on the invoice of 1.44 tons is 792 million dong;
- The transport cost excluding VAT is 35 million dong;
- Loading and unloading costs excluding VAT are 10 million dong;
During the tax period, the enterprise used all materials for production. material
consumption norms are 0.5kg for each product. All products have been sold domestically
with a tax-free price of 450,000 / 1 product.
a) Calculate the payable VAT amount with the tax rate of 10%?
b) If the company exported 40% of total products and sell domestically 60% of
total products at a VAT-exclusive price of VND 450,000/product, calculate the
payable VAT amount?

Excersice 2:
In the tax year, company X has the following activities
1. Export a shipment at a price of USD 30,000.
2. Selling to a commercial company 800 products A at a VAT-exclusive price of
400,000 dong / product but when writing invoices, the accountant has
recorded the price of 440,000 dong / product.
3. Company used 60 products B to exchange with another company to get
product C, the VAT exclusive price of product B at the time of exchange is
187,000 dong / product.
4. Transferring 400 products of D through another workshop of the company for
further use in the production process, the selling price including VAT of
Product D at the rotational time is 135,000 VND / SP .
5. The company outsourced 1,000 E products to a foreign company with a
processing cost of 4 dollar for each product SP. At the end of the period, the
company completed 80% of its products and exported it to foreign countries.
Calculate the payable VAT amount? Suppose that: the tax rate is 10%, Creditable input
VAT amount is 20 million dong.

Exercise 3:
The business situation of a company in the taxation period is as follows:
1. Situation of consumption of products
- Sell domestically 50 tons of iodized salt at the price of 3 million dong / ton.
- Exporting 100 tons of salt to Laos at the FOB price of 110 USD / ton.
- Export of 200 tons of rice to EU at the FOB price of 250 USD / ton.
- Selling 20 tons of canned fish to a supermarket at a VAT-exclusive price of 30 million
dong / ton.
2. Cost and input VAT corresponding to the volume of goods consumed in the period are
as follows:
- The VAT-exclusive price of raw materials purchased is 950 million dong. Total input
VAT amount of raw materials is 95 million dong, the company can not separately
account taxes for each type of product.
- Depreciation of fixed assets is 30 million dong. Creditable input VAT amount is 10
million dong.
- The VAT-inclusive prive of outside services is 165 million dong (VAT 10%)
+ Input VAT on services purchased for the production and trading of goods subject to
VAT is 10 million dong.
+ Input VAT on services purchased for non-taxable products is 5 million dong.
Calculate the payable VAT amount? (VAT 10%) 1USD = 22,000VND

Exercise 4:
The business situation of a company in the taxation period is as follows:
1. Situation of consumption of products
- Sell domestically 50 tons of iodized salt at the price of 3 million dong / ton.
- Exporting 100 tons of salt to Laos at the FOB price of 110 USD / ton.
- Export of 200 tons of rice to EU at the FOB price of 250 USD / ton.
- Selling 20 tons of canned fish to a supermarket at a VAT-exclusive price of 30 million
dong / ton.
2. Cost and input VAT corresponding to the volume of goods consumed in the period are
as follows:
- The VAT-exclusive price of raw materials purchased is 950 million dong. Total input
VAT amount of raw materials is 95 million dong, the company can not separately
account taxes for each type of product.
- Depreciation of fixed assets is 30 million dong. Creditable input VAT amount is 10
million dong.
- The VAT-inclusive prive of outside services is 165 million dong (VAT 10%)
+ Input VAT on services purchased for the production and trading of goods subject to
VAT is 10 million dong.
+ Input VAT on services purchased for non-taxable products is 5 million dong.
Calculate the payable VAT amount? (VAT 10%)