VAT Complusory

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During shopping, Some peoples aks for VAT 4% on MRP and some doesnt have that funa. What is the actual concept.

Replies (1)

Dear Apurva,

Generally,  MRP(Maximum Retail Price) includes All taxes. Mostly on the products there is always a label containing MRP of that particular Product, in that cases no VAT shall be taken because the customer has already paid the price including taxes.


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