23 June 2016
whether vat is charged on value of goods + basic excise duty + specific excise duty, or specific excise duty is excluded while charging vat on excise sale.If excluded, why?
23 June 2016
Iit cost of goods+ excise duty+ specific duty= taxable value X vat rate . its include in taxable value due to excise duty all type will cost of goods for vat calculation.