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cash discount on invoice - Vat Gujarat

This query is : Resolved 
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(Querist)
02 March 2009 I would like to know where the cash discount applicable -- before vat amount or after vat amount?

Example-1

Rs. 100.00 Net Sale Amount
Rs. 005.00 Cash Discount
Rs. ______ Vat Amount ?

Example-2

Rs. 100.00 Net Sale Amount
Rs. ______ Vat Amount ?
Rs. 005.00 Cash Discount

Which is correct? please advice me?
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
02 March 2009 The first one as per the definition of "Sale Price".
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premal

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premal (Querist)
03 March 2009 Thanks.

Can we prove this one?

Is there any notification?
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
04 March 2009 There is no need of notification.
It is contained in the ACT itself in the definition of sale price.
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