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MRP UNDER GST REGIME

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(Querist)
12 March 2020 Dear mam/sir
We are dealing with medical products and are MRP based price but the cost of purchase say for Rs.100 /- product we got for Rs. 40/- . My question Is that is this become a loss to our supplier? How it's working .
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 March 2020 The cost of production for your supplier will be around Rs 10. So your supplier will not incur loss.

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