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Amount for the purpose of vat

This query is : Resolved 
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(Querist)
28 December 2015 Hello

Plz tell me if a company sales the goods Rs. 100000/- add 12.5% excise duty then on which amount vat is applicable. on Rs 100000 or Rs. 112500/-

Advance thanks
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CA. Divyansh Agarwal

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CA. Divyansh Agarwal (Expert)
28 December 2015 on 112500 that is cascading effect is there in present taxation regime however in gst it would be resolved.
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CA Shyam Agarwal

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CA Shyam Agarwal (Querist)
28 December 2015 Thank you divyansh agarwal.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
28 December 2015 Vat is calculated After adding Indirect Tax

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