GST on Discounted MRP
In a recent survey conducted within LocalCircles, a community of consumers, 8800 people participated and shared their woes under GST regime.
Here are some facts which came out from the survey:
• Only 23% of respondents said that they were only being charged MRP of the product. This means that massive 77% of the respondents were being charged additional taxes, despite the laws clearly forbidding it.
• 51% of respondents admitted that they were charged GST on the MRP, and received no discount for the same. This means consumers paid double taxes on the products, and the extra tax which they paid went to the pockets of the retailers
• 20% of the respondents said that they were charged GST over the MRP, but received a discount or cash-back. Only this stat from the survey seems positive, due to the ethical business practices
• 26% of the respondents admitted that they purchased products under GST regime, and didn’t take the bill/invoice. This is again a violation of law, as GST regime pushes for invoice and bill generation for every product sold. The consumers are also at fault here, as they did not ask for the bill.
Proof: Retailers Are Charging GST Over MRP!
The irony here is that Consumer Affairs Department has launched several campaigns, wherein consumers are encouraged to bargain on the MRP as well, because the MRP has a profit margin of 10-35%, normally.
But now, retailers are charging GST over MRP, which shows the unethical business practice of some retailers.
In case where it is repacked by the traders under their brand name nowhere MRP is shown and what ever they say is the MRP
Mr Modi is not willing to wait to correct such issues before introducing his revolutionary ideas AND CLAIM CREDIT to have made India a likable place for investors. Congress (which is suppoed to be the main oppositions party) on the oter hand enjoying the show since if people (after some time atleast!!) revolt it will beBeneficial for them to come to power. Net result, with either party, we suffer and accept all misdoings. Many consumers who pay through cards will not be able to see the details of tax till they pay After paid no shouting will help you and many fume within themselves and do not want to create a scene and walk away silently. As many of us believe, that Local Circles is interested to provide feedback to Govt. to solve these this crisis, they could have informed. Any feedback in this regard from localcircles? more