Display of price on product under VAT Act

[Ganeshan Kalyani]

Dear Expert,

I would like to discuss for getting clarified on - whether the price should be mentioned on the product under Value Added Tax.

regards,

ganeshan

[rishi mohan]

MRP (Maximum retail price) should be mentioned on the products traded. Secondly price can be obtained from the same category of the goods traded/to be trade,

AI Summary

Businesses Must Display Maximum Retail Price on Products Under VAT Act; Prices Can Be Compared to Similar Goods. A user inquired about the requirement to display prices on products under the Value Added Tax (VAT) Act. The response clarified that the Maximum Retail Price (MRP) must be displayed on traded products. Additionally, the price can be determined by referencing similar goods within the same category.