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    <title>Composition scheme on sale of MRP products</title>
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    <description>A composition dealer cannot collect tax from the buyer and must bear the GST liability himself; where goods are sold at MRP (deemed tax-inclusive), the composition levy is calculated on the transaction value represented by the MRP and the tax component embedded in MRP is borne by the dealer, who charges MRP to the customer without separately stating tax and pays the composition tax out of pocket.</description>
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    <pubDate>Mon, 17 Mar 2025 23:25:22 +0530</pubDate>
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      <link>https://www.taxtmi.com/forum/issue?id=119735</link>
      <description>A composition dealer cannot collect tax from the buyer and must bear the GST liability himself; where goods are sold at MRP (deemed tax-inclusive), the composition levy is calculated on the transaction value represented by the MRP and the tax component embedded in MRP is borne by the dealer, who charges MRP to the customer without separately stating tax and pays the composition tax out of pocket.</description>
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      <law>GST</law>
      <pubDate>Mon, 17 Mar 2025 23:25:22 +0530</pubDate>
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