Where is the difference between MRP and Sales Rate?

Feb 17, 2015 at 11:43 AM
I don't know what is MRP in Create Product form!

What is Tax Applicable on (Rate or MRP)?
Feb 24, 2015 at 8:08 AM
Hi Sir,
First MRP is Maximum Retail Price. its contain each and every product. as per the govt rules the product will not sold out more than the MRP rate in India in case of retails transactions. The sales rate is the original selling price of that particular product. it may be depends upon the different users. Tax Applicable is nothing but to which rate you want to calculate the tax amount whether the sales rate or MRP. you can see more details here in case of MRP

MRP In India
Mar 22, 2015 at 11:00 AM
Thank you Jasel!