Dynamite News Retailers accused of levying GST over MRP
Consumers have been left in distress as a result of retailers charging Goods and Services Tax (GST) over and above the maximum retail price (MRP) of a commodity.
New Delhi: Consumers have been left in distress as a result of retailers charging Goods and Services Tax (GST) over and above the maximum retail price (MRP) of a commodity.
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As per a survey conducted by LocalCircles, consumers stated that many e-commerce sites, store retailers and traders have been charging GST on discounted MRP. For example, if a product worth Rs 2,000 is sold at Rs 1000, a GST is levied on it, and sold at Rs. 1,180, thus providing a discount of 41 percent, as against the 50 percent rate promised.
The survey also revealed that many retailers are advertising discounts of a certain percentage to the MRP, which is always inclusive of all taxes and when billings are done, GST is levied on top of the discounted price.
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In this regard, consumers urged the involvement of the Department of Consumer Affairs' Legal Metrology Division to ensure that this practice by e-commerce sites and retail stores is put to an end. (ANI)