There are countless items in retail stores which do not carry MRP. Invariably, MRP sticker is tagged by the retailer. Majority of such items are produced by the unorganized sector. Even if some products carry MRP sticker by the manufacturer, what it is authenticity of the same. Many items are sold with discount upto 80%. See the cost of under garment (banyan). The quantity of cotton yarn and weaving does not exceed Rs.25/- but the selling price is more than Rs.100/-. Many of such products are sub standard. There is no system to check their quality (yarn & dyes) which is mandatory in many advanced countries. India lacks in almost every field as far as quality is concerned. The Indian products rejected by the importers are sold in the local market with impunity. more
The non-GST segment can probably be tackled only through cashless transaction and income declaration.......Regards On Tue, 13 Nov 2018 12:10:30 +0530 R R Varma wrote > more
Still lot of sectors are working in an unorganised way with no tax or price control with loss of tax for the govt .Present GST itself is not able to address the issue of overcharging by lot of companies. Hope govt takes cognisance of the issues prevaling in the various sectors more
Go to any Hardware shop, electrical shop, small fabric shop .... none will have the price printed, nor will they give you any bill.... Many Crores business is thriving like this even today with going through any notice to government and without any Tax payment. Which could otherwise generate lots of revenue to government. more
Tatasky cunning device to cheat it's customers... Tatasky for quite some time resorting to cheating customers to enhance its revenues . It will quitely add unwanted costly channels like ' Kids ...
Friends, Under the provisions of the weights and measures act it is necessary to check, calibrate all gas ,solids and liquids,sold by the retailers. It is seen generally that nowhe...
UBER INDIA SENT AN EMAIL TODAY, AS BELOW "Hey Sekhar, our terms are being updated with effect from 1st October 2019. Your continued use of the Uber app signifies your assent to be bound by t...
Visited a Tanishq yesterday for the first time. They charge making charges as a percent of the Gold price, say 20% For example, if an item weighs 10 gm and the cost is say Rs 33,000/-, which w...
Doctors in Nellore recently started receiving calls from Department of Legal Metrology claiming that, in collaboration with Indian Medical Association [IMA], they are doing inspection of weighing m...
I had booked stay at Hotel Royal Heritage located at Munwarabad, Opposite Asian Park, Srinagar, J&K from 15-19 August using Goibibo online portal. Due to revoking of article 370, all the ways o...
Especially Gold jewellery shops loots innocents money. Actually Very small profit in Gold bussines . Example on one tula of pure(24ct) Gold sales, business man got only hundred rupees profit. But o...
In every product a manufacturer is producing, he must be legally bound to show the following on the product without fail: 1.Production cost 2.Over Heads including transit cost, commission...
Govt has capped trade margin of 42 Anti Cancer Drugs at 30%. They will now be upto 80% cheaper resulting in savings to citizens. Attached are details of drugs
In Telangana state the department of metrology and GST officials are raiding major malls and super ,hyper markets and cinemas in Hyderabad and Cyberabad areas for weights,taxes, MRP violations .c...
By Prabhakarrao Yerragunta
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