5 – Total Value of Supplies (VAT Exclusive)

10 – Exempted Sales

15 – Zero-Rated Sales

20 – Exports

25 – Total Not-Taxable (L10 + L15 + L20)

27 – Other Not-Taxable Adjustments (if applicable)

30 – Taxable Sales subject to VAT (L5 − L25 − L27)

Negative allowed (more non-taxable than supplies).

35 – VAT on Taxable Sales (18% of L30)

37 – Other VAT Payable Components (if applicable)

40 – VAT Reverse charge

45 – VAT Payable (L35 + L37 + L40)

50 – VAT Paid on Imports (except petroleum product)

52 – Other Import/Input VAT (if applicable)

55 – VAT Paid on Local Purchases

57 – Other Local/Input VAT (if applicable)

60 – Total VAT Paid on Inputs (L50 + L52 + L55 + L57)

65 – VAT Reverse Charge deductible

66 – Other Deductible VAT/Adjustments (if applicable)

70 – VAT Payable/Credit Refundable [L45 − (L60 + L65 + L66)]

75 – Credit carried from Previous Month (not already claimed)

80 – VAT Withholding taken by Public Institutions (non refunded)

85 – VAT Due / Credit Payable (L70 − (L75 + L80))

87 – VAT Refund Paid/Carried Forward Offset

90 – VAT Refund Claim

95 – VAT Due