MRP ka Sahi Matlab?

MRP ka Sahi Matlab? || bekifaayati #shorts

Under the consumer laws the MRP is inclusive of GST, so whenever a discount is offered, it is on MRP. It has been seen that quite a few retailers are charging “extra” G.S.T. over and above the M.R.P. after offering discounts on certain products.

However, such a practice is clearly in gross violation of law since M.R.P. is inclusive of all kinds of taxes (including G.S.T.) and no other tax on the said M.R.P is to be levied.

Charging G.S.T on the net M.R.P. arrived at after giving the discount on the product, would clearly mean charging and collecting ‘extra G.S.T’ and amount to the legal plunder of “Double Taxation”.

If products are sold at higher prices without following rules, action can be taken against shopkeepers. It includes a penalty of one year in jail or a fine up to Rs. 1 lakh

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