VAT - Sales Value on which VAT to be charged

CA Pratik Sirwani (Chartered Accountant) (127 Points)

30 November 2010  

When a seller sells an article on which he is collecting TCS from the buyer, then on which value VAT is to be charged - On Gross value (incl. TCS) or Net Value, i.e., after deducting TCS...??? pLZ help..