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Former Member
Nov 21, 2012 at 04:45 AM

MM pricing to capture VAT % on MRP

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Hi,

We have a requirement in which ED is applicable on PO base price(PB00) where as VAT is applicable on Max Retail Price(MRP). I will illustrate with an example:

PO base price : 100

Excise Duty 10.3% = 10.3

Net Price = 110.3

MRP = 200

VAT = 5%

ie Base value + 5%Base Value = MRP

We need to apply VAT only on the Base value ie = 200* 100/105 =190.47

Vat value = 5% on 190.47 = 9.52

Landed Price = Net price + Vat value = 119.82

Can any body guide us for configuring this pricing scenario

Regards

Nireesh