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Calculation of VAT

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(Querist)
20 May 2008 Can anybody please assist me in Calculation of VAT.
For Example
I sold goods of Rs say 200000 & I incurred a Transport cost of Rs.10000.
So I will charge VAT on 200000 or 210000(including Transport cost)
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CA. Vineet Grover

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CA. Vineet Grover (Expert)
20 May 2008 Hi Geet,

VAT shall be calculated on Rs.2 Lacs and not Rs.2.10 Lacs.

Rgds/
Vineet
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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
18 September 2008 Yes. A agree it will be on Rs. 200000 only. You may see the definition of sale price.
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