17:42 Dec 17, 2007 |
Serbian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Miomira Brankovic Serbia Local time: 16:33 | ||||||
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Summary of answers provided | ||||
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5 +1 | supply of goods and services – final consumption |
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4 | service trade final expenditure |
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service trade final expenditure Explanation: commodity and service trade |
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promet robe i usluga – finalna potrošnja supply of goods and services – final consumption Explanation: This refers to VAT. Purpose of payment must be indicated for every payment transaction to show whether it is subject to taxation. There is one dash or slash missing in the original question, which seems to have resulted in misunderstanding. ‘Promet robe i usluga’ [Supply of goods and services] is one notion, and ‘finalna potrošnja’ [final consumption] is the other. VAT is a tax on the final consumption of certain goods and services. VAT is a tax on consumer expenditure. It is collected on business transactions, imports and acquisitions. Most business transactions involve supplies of goods or services. http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPort... Some helpful examples can be seen at the links below. Reference: http://www.ysm.org.yu/izvodi%202003.pdf Reference: http://www.24x7.co.yu/Support/PDF/Specifikacija_Formata_Plug... |
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