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when excise duty included

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(Querist)
22 February 2009 The Basic Bill Amount is 175600. Excise duty is 25321(14.42% on 175600). In this case on which amount VAT should be Calculated Whether it is on 175600 or 200921(175600+25321) Plz clarify me In which section this topic disscus?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
22 February 2009 Vat should be caluculated on Rs.200921. (ie basic value + excise duty).
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nilesh kshirsagar

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nilesh kshirsagar (Expert)
22 February 2009 vat should be calculated on 200921
basic value +excise +cess


Nilesh K-sagar
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
22 February 2009 VAT should be levied on 175600+25321 as per definition of "sale price"
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saikiran

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saikiran (Querist)
22 February 2009 Thanq Very much

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