Morphy Richards also profiteering
All members in the circle must note that all brands were supposed to lower MRPs after Govt reduced rate. Selling prices can be lower than mrp and are immaterial.
Attached example is of morphy richards geyser of 25 ltr. MRP was 9990 before gst was cut from 28 to 18%. Its still the same today. Morphy Richards and its seller V Mangal enterprises is clearly profiteering. The new mrp should be in 8900 range.
Please book them. more
Attached example is of morphy richards geyser of 25 ltr. MRP was 9990 before gst was cut from 28 to 18%. Its still the same today. Morphy Richards and its seller V Mangal enterprises is clearly profiteering. The new mrp should be in 8900 range.
Please book them. more
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dear madam, Am attaching a local circle for gst and i think you need to post these issues there then it would be more meaningly and will get the right audience to look at and respond. Invited to Circle: All GST Queries Answered Founder: GST Circle Administrator Members: 37546 Description: This circle is India's #1 online community of GST experts, Government officials, businesses, entrepreneurs, service providers and consumers for all matters related to GST. Any one can seek advise from others in their field or experts in regards to GST. From time to time updates from GST Administrators will be shared. So, get connected and stay aware about GST and its impact on you in real time! Join the Circle About LocalCircles LocalCircles takes Social Media to the next level and makes it about Communities, Governance and Utility. It enables citizens to connect with communities for most aspects of urban daily life like Neighborhood, Constituency, City, Government, Causes, Interests and Needs, seek information/assistance when needed, come together for various initiatives and improve their urban daily life. LocalCircles is free for citizens and always will be! more
Oct 22
We are giving too much importance to MRP and wasting our energy, as MRP itself has become a source of cheating the consumers making them fool in the name of discount! Even prior to GST there was a huge difference ranging from 25% to 35% between the MRP and the actual selling prices of many items, particularly, electrical and electronic items. Edible oil packages are always sold at a much lower price than the MRPs printed thereon.. Many other grocery items are also sold at much lower prices than the indicated MRPs and its clear that the government has neither any control over the system nor it ever makes any efforts to regulate it. In the process, none of the consumers is aware of the amount he was swindled by the retailers, which differs from retailer to retailer. Under such a situation, I do not find any justification of making so much of hue & cry for MRP. In the instant case, the selling price of the item is less than your expected MRP after reduction in GST. There are no reasons to be complacent that the retailer has given such huge discount from his pocket. It must be the differentiate between two rates and a small part of the retailer's margin to garner his selling by attracting the consumers in the name of heavy discount, as we, indians, have the tendency of running after the name of discounts without being reasonable. more
Oct 22
