Price inclusive of excise duty
satwick adhikary (account assistance) (26 Points)
18 June 2015satwick adhikary (account assistance) (26 Points)
18 June 2015
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 18 June 2015
Let us assume Rs.100 includes ED @ 12%, so breakup would be Rs.89 (basic price) + Rs.11 (ED) (i.e. 100/1.12 gives the basic price)
Similarly u can do it for any value.
Is this what u wanted to know?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 18 June 2015
Pidilite ind or other consumer goods manufacturers clear the goods under MRP basis and they get their calculations lower than MRP for duty calculation, so 1 or 2 percent does not effect on their MRP in short term, however in long term they may change the MRP
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