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GST ON MRP PRODUCTS

Ronith (Accountant) (21 Points)

22 June 2017

how to calculate gst on medicine?

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Preeti (Team_GSTSoln) (Team GST Experts) (1926 Points)
Replied 22 June 2017

medicine rate * applicable gst rate

Raghuveer (Executive) (167 Points)
Replied 22 June 2017

Unlike Excise duty, there is no concept of GST in MRP. GST is charged on the actual price for sale to your customer at the corresponding rate.

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