Cocaine is a fast-acting nervous system stimulant, extracted from the leaves of coca bush, a high altitude plant which grows in the Andes of Bolivia, Peru and Colombia. The Incas used the leaves of the coca plant as part of their religious ceremonies. The coca plant was also used by workers in the Andes to ward off anoxia, or altitude sickness. This disorder is caused decreased levels of available oxygen at higher elevations.
If you buy something for your business, you will need an invoice to claim back from HM Revenue & Customs (HMRC) any VAT you've paid. A VAT invoice gives the VAT details for goods that are sold and services that are provided. However, you only need to issue a VAT invoice when selling to another VAT-registered business. If you want set off than you have to compulsarily have to issue VAT bill. FOR MORE DETAILS REFER :http://www.finmart.com/sr-vat-re...
VAT-value added tax-is a tax levied on sales of goods and services. Think of it as a tax on the value you add to products and services-in other words, on the price difference between what you've paid and what you charge for a product. Not all businesses need to register for VAT.Find out more about that below. You pay VAT on the items or services you buy from other business. 2  You charge VAT on the items or services you sell to other businesses and customer s(if you are VAT registered). 3  The idea is the VAT you pay and the VAT you charge roughly equals out-if it doesn't, you level the balance with HMRC.