Thread: Jolla arrives to India
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DieHard is offline DieHard
2014-09-30 , 05:15
Posts: 26 | Thanked: 17 times | Joined on Sep 2014
#136
Originally Posted by aegis View Post
I'm still slightly confused about Indian online pricing. I've read the wikipedia entry at https://en.wikipedia.org/wiki/Value-added_tax#India and I'm none the wiser. Perhaps someone from India can comment.
In Europe we usually include sales tax (VAT) in prices online so €349 includes 22% Finnish sales tax. Without tax it's about €290.

In the USA they usually do not include sales tax in pricing.
On the Snapdeal site it says the Jolla is MRP 19,999 and is selling at 18% below that at 16,499. Is it expected to go back up to 19,999?
1) Does the price online include sales tax?
* Yes, Octori extra where applicable.
2) If it does include sales tax, what is the price without sales tax?
* Yes, Minus 12% or 12.5% VAT which depends on state of sell.
3) What is the MRP?
* Maximum Retail Price is the upper price limit of any item and shops can sell at this price or lower than MRP but VAT is applicable on Cash Memo price not MRP.
In India all items have MRP and consumer have option to purchage at lower than MRP and in many cases MRP is just indicative maximum sales price ie: auto spares, Medicines (not all) or many imported items.