IFB is profiteering most likely
IFB washing machine senorita wxs 6.5 kg was priced at mrp Rupees 37,990 till 26 july 18. It should have reduced by 10% after gst rate was reduced from 28% to 18% and it should have been rupees 35022.
The current MRP however still shows rupees 36990 see attached. This means only 5% benefit passed to consumer 5% retained by IFB.
Should be booked for profiteering according to me. more
The current MRP however still shows rupees 36990 see attached. This means only 5% benefit passed to consumer 5% retained by IFB.
Should be booked for profiteering according to me. more
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Dear all, Some glitch developed my page is not opening, thus unable to open mails. Kindly help to sort out this issue more
Sep 05
The reduction in Tax has to be passed on to the consumer . In this case the ultimate price to the consumer is Rs. 30,899 . It is far less than the price after the new reduced tax of 35,022 . So there shouldn't be ant complaint . more
Sep 05
Competition from similar products of other companies is the competitor in price fixation. more
Sep 05
