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Value of supply

Indirect Taxation

What is the difference bw list price and price of goods?


Banda Veeresh

Banda Veeresh

CA Inter

35K+

19-Jan-21 11:52

315

Answers (4)

List price means MRP of the product, i.e., Maximum retail price. You go to a shop to buy a camera. It's listed price or MRP is 35,000. After discount, the shopkeeper sells it to you for 33,500. So, 35,000 is the MRP and 33,500 is the price of goods for you.


Deepak Gupta

Deepak Gupta

CA Inter

1K+

19-Jan-21 12:44

Also answer me for reminding latest quries


Thread Starter

Banda Veeresh

Banda Veeresh

CA Inter

35K+

19-Jan-21 12:46

Tq bayya clearly understood


Thread Starter

Banda Veeresh

Banda Veeresh

CA Inter

35K+

19-Jan-21 12:51

Thread Starter

Banda Veeresh

Tq bayya clearly understood

Telugu?


Meda Jeevansai

Meda Jeevansai

CA Inter

20K+

19-Jan-21 18:48

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