any vat is applied after Excise
This query is : Resolved
25 January 2008
Dear Sir
As per Following Example
Basic Value 100
Excise duty 16
Total 116
then any VAT is applied on the total value.
please illustrate by an example.
my mail id is yadav_alok@rediffmail.com
thank you.
As per Following Example
Basic Value 100
Excise duty 16
Total 116
then any VAT is applied on the total value.
please illustrate by an example.
my mail id is yadav_alok@rediffmail.com
thank you.
25 January 2008
You have already stated clearly. VAT is applied on the total of 116.
25 January 2008
VAT is applicabel on Total Amount including excise and Cess thereon
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