Calculation of mrp
This query is : Resolved
08 August 2011
We are manufacturers of ready made garments?My query is regarding fixation of MRP.Now we are fixing a Mark up of 50% on selling price for customers(retailers).Now while calculating MRP should we include VAT on this Selling price(including Mark Up).
Hitender Gaur
(Expert)
10 August 2011
MRP is always inclusive of all taxes.
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