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Former Member
Sep 23, 2008 at 05:22 AM

Including Tax as a part of MRP

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Hi,

We have a new line of products for which the MRP (Base price) includes the Taxes.

For example,

MRP of Product A: Rs. 100

Tax (VAT) % : 4% (included in 100)

So the actual tax amount is Rs. 96.154 (100/104)

Please advise me what changes i need to bring about in Tax procedure/codes to incorporate this change.

Thanks in Advance,

Safi