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Vat charge basis


Teja Gurusala (CA Final)     23 March 2015

Teja Gurusala
CA Final 
 40 points

| My Other Post

Hi,

If a manufacturer selling goods and paying excise duty also on the same goods,whether he have to charge VAT on sales price or sales price plus excise duty paid???

For ex, Mr.A manufactures goods , say Rs.1000 and on that he paid excise duty Rs.100, now on what VAT should be charged, on Rs.1000 or Rs,1,100???

Thanks in advance.....

avater

CA JITENDER CHAUHAN (PRACTISING CHARTERED ACCOUNTANT)     23 March 2015

CA JITENDER CHAUHAN
PRACTISING CHARTERED ACCOUNTANT 
 2 likes  56 points

View Profile | My Other Post

vat is chrge on Rs 1100


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