Need help on the vat to calculate sale price of my product

VAT (Legacy) 441 views 2 replies

Hi,

My products are Sweet meat and I understand 5% VAT is applicable

Can anyone help me understand how the VAT and other taxes needs to be factored in while calculating the selling prices.

Is the taxes applied on the MRP or the my selling price to Retailesr/distributors?

Replies (2)

which state orplace uhaving running business,uare the retailer or what materialu selling,on mrp only it will taxed on as per vat rate

I am a manufacturer of sweet meats in Maharashtra mumbai and wants to set the MRP for my product as well as distributor/retailer price,.

 


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