Dear Frnds, kindly help me out in understanding the difference between maximum retail price and retail sale price
Menu
Difference between mrp and rsp
Replies (2)
Quick Summary
MRP - Maximum Retail price - Maximum price of the product, which is the maximum price to the end consumar.
RST - Retails Sales Price - Agreed Price of the product between seller and buyer, which is always less from the MRP.
If RSP of our product is less then Rs.1000 and MRP is Rs.1649, whether we are liable to pay Excise Duty @ 2% ? Please advice.
Recent Topics :
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
Related Topics :
CAclubindia
