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Duty and Tax calculation

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....uty and Tax calculation<br> Query (Issue) Started By: - kiran pai Dated:- 30-11-2012 Last Reply Date:- 1-12-2012 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Dear sir, While invoicing by a manufactu....

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....rer first he will charge Central Excise duty on the rate, VAT or CST will charge to that value. I want to know why the VAT or CST charged on the total value (after excise duty calculation) why not to ....

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....the basic rate. If any notification or circular is there please let me know. Thanks, Kiran Pai Reply By Pradeep Khatri: The Reply: Central Excise duty will be charges on the assessable value of th....

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....e intended goods while VAT/CST will be charge on the taxable value of th intended goods. In VAT Laws, this has been defined in the Section 2 i.e. under definition. Please check the definition of the ....

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....sales price in this regard.<br> Discussion Forum - Knowledge Sharing ....