Will MRP sticker on product to be inclusive of GST?

Will MRP sticker on product to be inclusive of GST or sticker/printed Price declared be MRSP ( Max Retail Selling price) + GST extra as prevalent in many countries like USA?

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1 Answer(s)

F a label contains Rs.20, you negotiate for Rs.18, then GST will be levied only on Rs. 18. so gst is leviable on the transaction value which is actually the price paid/payable for the goods

Answered on July 6, 2017.
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Gen GST