Determination of MRP
kanika jain
We are producing some consumable product in India and the same is sold nation wide (India) through different channels like distributors, branches, retailers.Thus the same will be subjected to different rates of sales taxe . Please suggest some model to determine the MRP in this case.
Company Can Set Different MRPs Across States Due to Varying Costs; Calculate MRP at Production Site First A company producing consumable products in India seeks advice on determining the Maximum Retail Price (MRP) across different states, considering varying sales tax rates. The response suggests that having different MRPs for different states is permissible due to varying transportation, loading, unloading, and storage costs. It recommends calculating the MRP at the production site first and then adding additional costs to establish the MRPs for various locations. (AI Summary)