GST on MRP
Mohan (29 Points)
30 November 20181.should he collect gst on MRP??
2.what happens if not collected??
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170119 Points)
Replied 30 November 2018
MRP is inclusive of all taxes including GST. It must be noted that retailers cannot charge GST over and above the MRP. GST is already included in the MRP printed on the product.
Ranjeet Singh
(Corporate Law Matters & Taxation)
(565 Points)
Replied 30 November 2018
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)