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DISCOUNT ON MRP

557 views 6 replies
hello everyone

wanted to know about the discount and tax policy applicable on it.

suppose i buy goods worth MRP 1500 with a tag of 30% discount then what is price i have to pay

1) MRP 1550 - 30% = 1085
OR
2) MRP 1550 - 30% = 1085 + TAX

Please help coz stores in mall are charging every individual in same manner
Replies (6)
mrp = 1550 sorry about mentioning it as 1500 and calculating at 1550.

pls consider MRP AS 1550
Gst will be charge on actule price of product after gst.means 1085 plus gst
GST would be charged on

basic price

less discount

add GST on value comes after discount

than arrived final invoice value
but in 1550 the gst was included @ 12%
pls tell me how much actually one has to pay
it's actual MRP is more

please check with the shopkeeper

instead of unnecessary brainstorming, go and take clarification from that shopkeeper


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