Amount for the purpose of vat

This query is : Resolved 

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

28 December 2015 on 112500 that is cascading effect is there in present taxation regime however in gst it would be resolved.

28 December 2015 Thank you divyansh agarwal.


28 December 2015 Vat is calculated After adding Indirect Tax



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