https://www.taxtmi.com/article/detailed?id=17675 The VALUE pricing approach calls for verifying the full cost of serving each product, service or customer segment, including discounts, freight, returns, support and payment delays, and identifying the value customers receive. It proposes tiered offers for different needs, discount approval limits and monitoring, and exchanging discounts for benefits such as higher volume, faster payment or longer contracts. Chartered accountancy practices can scope compliance retainers by transaction volume, number of entities, GST registrations and complexity. Engagement letters should specify charges for additional work, and fees should be reviewed annually, with early communication of adjustments linked to added services, statutory changes or inflation. Price-fixing with competitors, misleading original-price claims, hidden charges and unfair discrimination can breach competition and consumer-protection law. GST generally applies to transaction value, and discounts are excluded only when specified conditions are met. en-us Mon, 02 Nov 2026 08:33:22 +0530 Mon, 02 Nov 2026 08:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17675 The VALUE pricing approach calls for verifying the full cost of serving each product, service or customer segment, including discounts, freight, returns, support and payment delays, and identifying the value customers receive. It proposes tiered offers for different needs, discount approval limits and monitoring, and exchanging discounts for benefits such as higher volume, faster payment or longer contracts. Chartered accountancy practices can scope compliance retainers by transaction volume, number of entities, GST registrations and complexity. Engagement letters should specify charges for additional work, and fees should be reviewed annually, with early communication of adjustments linked to added services, statutory changes or inflation. Price-fixing with competitors, misleading original-price claims, hidden charges and unfair discrimination can breach competition and consumer-protection law. GST generally applies to transaction value, and discounts are excluded only when specified conditions are met. Articles Accounting - Auditing Mon, 02 Nov 2026 08:33:22 +0530 https://www.taxtmi.com/article/detailed?id=17675