each and every sale of product to the Distributor. While the MRP value of the
products are fixed at the time of raising invoices ... sell the products to retailer at any price (but not
exceeding the MRP) and retain the margin with them as their share of profit
happens in FMCG sector. The discount extended represents the
difference between the MRP of the talk time and prepaid connections and
the price at which ... principal and not as an agent. The seller may have fixed the MRP
and the price at which they sell the products to the distributors
principal and
not as an agent. The seller may have fixed the MRP and the price at which
they sell the products to the distributors ... said right to customers is not entitled to charge more
than the MRP: The income of these middlemen would be the difference in
the sale
principal and not as an agent. The seller may have fixed the MRP
and the price at which they sell the products to the distributors ... said right to
customers is not entitled to charge more than the MRP: The income of
these middlemen would be the difference in the sale
principal and not as
an agent. The seller may have fixed the MRP and the price at which they sell
the products to the distributors ... said right to customers is not entitled to charge more than the MRP: The
income of these middlemen would be the difference in the sale
valued at Rs.1395.97 Lacs based on MRP. After deducting average GP
rate of 21.53% (average of last three year in assessee ... Lacs.
In reply, the managing partner stated that stock was taken at MRP rate
and the sale discount was not taken into account
barcode only captures a unique item
code, design/colour/size information, and MRP / selling price. There is no field ... invoice number and date, item code, brand, design no.,
purchase rate and MRP (page 6,10-11 of AO). These fields presuppose the
existence
barcode only captures a unique item
code, design/colour/size information, and MRP / selling price. There is no field ... invoice number and date, item code, brand, design no.,
purchase rate and MRP (page 6,10-11 of AO). These fields presuppose the
existence
barcode only captures a unique item
code, design/colour/size information, and MRP / selling price. There is no field ... invoice number and date, item code, brand, design no.,
purchase rate and MRP (page 6,10-11 of AO). These fields presuppose the
existence
sold by the distributor, is fixed by
manufacturer by way of MRP and such discounts announced by M/s.Tata
Motors Ltd., are passed ... which is principal of the assessee. Goods are sold at
the MRP fixed by the manufacture i.e. M/s.Tata Motors Ltd. Further