The other side of price fixing which does not take the consumer for a ride the retailers and small businesses are affected and the GOVT hoodwinked by virtue of the various tax rates.
ALL major mobile brands excluding Sony and LG are guilty, the brands sell to the e businesses at the lowest possible prices far below their market.
Modus Operandi
THE MOBILE COMPANIES HAVe A COMMON PRICING FOR THEIR PRODUCTS ALL OVER THE COUNTRY.
THE VAT RATES VARY FROM 3% TO 14.5%.
NATURALLY THE PRE VAT RATES IN THE HIGH TAX STRUCTURE STATE WOULD BE ADVANTAGEOUS BY 11 TO 12%.
A TRANSFER FROM HIGH TAX RATESTATETO ALOW TAX RATE STATE WILL AT MOST ENTAIL 2% CENTRAL SALES TAX.
ADVANTAGE REDUCED BY 2%.
LEAVING 9+% TO PLAY AROUND WITH.
WHEN BILLED FROM A LOWSALES TAX RATE TAX AT 4% OR SO WOULD BE APPLICABLE .
LEAVING A 5% ADVANTAGE TO THE 'e' SELLERS
who have made a decent buck at the cost of the public exchequer.
THE BRICK AND MORTAR STORES THE REAL RETAILERS wHO HAVE OVER THE YEARS BUILT UP THEIR INFRA STRUCTURE ARE HARD PRESSED TO STAY AFLOAT WITH THE UNFAiR MARGINS AND THE HAND IN HAND POLICIES OF THE MULTINATIONAL BRANDS AND 'e'companies.
would request participation for better understanding over 800 crores of business is expected in the current financial year imagine the loss to the govt and the gains to the multinational 'E' BUSINES more  

View all 11 comments Below 11 comments
MUKESH SAHIB:

YOUR deep study is sufficient for some one like SONY and LG , including yourself, TO RAISE THIS ISSUE to our GOVERNMENT who have bigger role to play and easy access to the Govt. policy maker, to improve the exchequer.

May I request to all the BJP supporters, active in this circle, to make it visible to the GOVERNMENT ATTENTION AND ACTION FOR NEGLECTING THIS ISSUE. more  
I agree with the comments about Mobile companies are reducing the prices and giving offers in sale .
G.K.Naidu, Hyderabad more  
Absolutely correct. Will introduction of GST haelp? What about discount given by dealer/ retailer - sometimes it is substantial. more  
A valid point quoted here 5 % margin. Why is the government unaware of this situation? This can be used to reduce fiscal deficit or reduction in subsidies to companies. more  
Thank u for your encouragement. more  
Post a Comment

Related Posts

    • DRUGS, MAGIC REMEDIES BILL FINALISED

      Misleading Health Product Ads may Fetch 5-yr Jail Term Advertisements promoting fairness creams, health drinks claiming improvement in height of children and products promoting anti-ageing rem...

      By MOHIT PANDE
      /
    • Ranitidine Salt

      The ranitidine salt which is used for acidity is banned in India on the finding of American research company that it causes cancer. Every medicine if used in excess can give some side effects. It i...

      By Darshan Lal
      /
    • Profiteering through Input Tax Credit denial to Consumers

      CASE 1 Builder denied benefit of ITC to buyers of flats and shops: NAA Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd (National Anti-Profiteering Authority) It is establishe...

      By MOHIT PANDE
      /
    • Bottled Water MRP higher inside Airport Premises

      Last week we bought a 500 ml water bottle with brand name Aava at Domestic Terminal T1 of Mumbai airport which had MRP Rs.60. Bottling company Sheelpe Enterprises Pvt. Ltd. Ahmedabad. Last mon...

      By MOHIT PANDE
      /
    • Stop Exploitation of Patients

      Pharma companies offer even women to bribe docs: Study”- reported Times of India on 29 November, 2019. It was mentioned, on the basis of a study by SATHI, that hardly 10-20% doctors follow th...

      By MOHIT PANDE
      /
    • ‘Truth about Hair Colours?’

      All chemical hair colours contain PPD (p-phenylenediamine), ammonia and/or resorcinol. Some may have more ammonia and PPD which may result in scalp burning and hair fall even in a few months usage ...

      By MOHIT PANDE
      /
    • Manufacturing defect of shoe METRO

      My docket no is 1698701 . I purchased a new show at price 2990 but after 2 days later it got damaged, I went to the Metro Samdariya placed showroom for its replacement but they denied to do t...

      By Abhishek Dubey
      /
    • Forceful payment of service charge in restaurant

      Recently a restaurant charged me 12% service charge in Pune and when I confronted them saying I won't pay this high charge and I am willing for 5%, the restaurant manager threatened me saying that ...

      By Gaurav Sawant
      /
    • Scam and refund denied iPhone X By Flipkart

      I have been scammed by online eCommerce portal Flipkart, I have been wrongly cheated by scammed of RS 65438.00, as there are scammers and robbers sit behind the hood in the name of online eCommerce...

      By Suman Kumar
      /
    • Regarding fake information of club factory

      I received earphones from club factory.....this product is not like as mentioned in details........ This app befool costumers by their fake details.....

      By Richa Kumawat
      /
    • Mobile phone missing during transit.

      I bought a Samsung Galaxy m40 phone from amazon. I received display broken phone by amazon. As per their replacement policy i self returned that phone with earphone, charger inside box to amazon th...

      By Anonymous Circle member
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)