Value Added Tax is one of the source income for the country. Value Added Tax (VAT) refers to tax imposed on the supply of goods as well as services within the Custom Area. This research is conducted at CV. Wira Duta Baja Makmur which operate in selling steels product. The object of this research are Input VAT, Output VAT and financial statement which all are connected. The objective of doing this research is to gain more understanding of the procedures in determining creditable and non-creditable Input VAT to determine the amount of VAT payable, so that the financial statement of CV. Wira Duta Baja Makmur can be presented appropriately. Base on the analysis result that has been done to data obtained from the company, it can be conclude that, in crediting Input VAT, the company has been wrongly applying the VAT Law No. 42 Years 2009. This affect to the VAT Payable which amount to Rp385,392,249.00, the amount is not correct. By crediting Input VAT the right way, then CV. Wira Duta Baja Makmur can obtain the correct amount of VAT Payable of Rp464,705,431.00. So, the difference in VAT Payable is Rp79,313,182.00.