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Calculation of mrp

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(Querist)
08 August 2011 We are manufacturers of ready made garments?My query is regarding fixation of MRP.Now we are fixing a Mark up of 50% on selling price for customers(retailers).Now while calculating MRP should we include VAT on this Selling price(including Mark Up).
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Hitender Gaur

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Hitender Gaur (Expert)
10 August 2011 MRP is always inclusive of all taxes.

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