Shailesh Mishra (business owner) (25 Points)
15 March 2015Hi,
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?
sesha
(accounts executive)
(1101 Points)
Replied 15 March 2015
which state orplace uhaving running business,uare the retailer or what materialu selling,on mrp only it will taxed on as per vat rate
Shailesh Mishra
(business owner)
(25 Points)
Replied 15 March 2015
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,.
CAclubindia
