MRP Based sale and purchase under VAT

1566 views 3 replies

Please explain briefly about the treatment of MRP Based Sales and Purchase under VAT............................,

Replies (3)

sale will be taken as including vat                         

if in purchase bill vat is separately mentioned than ok othervise it would also be taken as inclusive vat.

rectify me if i am wrong          

Dear Sir,

My name is Ashwin and I had opened a computer sales and service concern in Taramani area.
So far I didn't make any sales.
I am going to apply for TIN and CST registration as soon as possible for that i need the office in which i have to apply for taramani region.

Another main doubt is before applying for TIN and CST is it possible for me to make sales.
Shall i purchase from some other dealer and sell it to consumers. If so what is the procedure ie, I can give the customer invoice without tax or with tax.

Kindly advice me regarding this. I am new to this one.

Awaiting for your reply.

Thanks
Ashwin

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details