Diffrent mrp for diffrent states- allowed under lmpc?
Rama Krishnan
(Querist) 24 May 2013
This query is : Resolved
DEAR EXPERTS,
I WOULD LIKE TO KNOW WHETHER DIFFRENT MRP FOR DIFFRENT STATES ARE ALLOWED?
1. UNDERSTANT THAT IN CASE THE TAX LEVEY IN STATES ARE DIFFRENT , IT IS ALLOWED- CAN I GET SOME LEGAL BACKING FOR IT?
2. IF THERE IS NO DIFFRENT TAX LEVY, THEN IT ALLOWED, LIKE DUE TO DIFFRENT TRANSPORATION COST OR OTHERS?
V R SHROFF
(Expert) 24 May 2013
Local taxes, Transportation is considered for MRP.
Maintain Shop & Mrkt is 10 times costlier in City like Mumbai, compared to remote places.
Raj Kumar Makkad
(Expert) 24 May 2013
You need to purchase tax law books for this purpose.