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Vat after cash discount or before

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(Querist)
10 June 2013 Let the price of product be 120

trade discount Rs 20

price now 100

CD 10%

price 90,

Now on which amount should the VAT be calculated 100 or 90

Pls help....for WB VAT and refer a sec so that i can read n undersatnd.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 June 2013 Cash discount not to be considered while calculating the VAT. so vat apply on Rs.100
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