Does MRP of a product include GST?

Joy Sarkar (1 Points)

24 December 2017

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193931 Points)
Replied 24 December 2017

Depends upon condition specified, whether MRP is inclusive of local taxes or otherwise. In most of cases inclusive.

tarun chopra (student) (33 Points)
Replied 24 December 2017

inclusive gst

Mondira Saha (GST) (3925 Points)
Replied 24 December 2017

yes MRP means including GST

CA Ashok Jain (CA Practice ) (24 Points)
Replied 24 December 2017

Yes MRP itself says it includes everything

divakarfx ramesh (4 Points)
Replied 25 December 2017

MRP includes GST

divakarfx ramesh (4 Points)
Replied 25 December 2017

You can not charge GST above MRP.

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