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Showing posts with the label discount

Have you ever purchased items from SRS on discount sales?

A copy of the complaint on illegal charging of VAT on discount sales by SRS Parivar                                                                                                                                 Dt. 20/08/2014 SRS Value Bazaar (a unit of SRS Ltd.) SRS Multiplex City Centre, Sector-12, Faridabad (NCR Delhi)-121007 Sub: Illegal c...

Why VAT being charged by Aditya Birla Nuvo on discounted MRP when MRP is inclusive of all taxes?

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Why VAT being charged by Aditya Birla Nuvo on discounted MRP when MRP is inclusive of all taxes? A copy of the e-mail sent to Aditya Birla Nuvo Ltd. on alleged unethical additional charging of VAT on the discounted price as the MRP is supposed to be inclusive of all taxes and any discount offered on MRP also becomes inclusive of VAT/taxes. " Dear Sir, We have been receiving complaints from the consumers who have been shopping at your outlets at Connaught Place, New Delhi and Chandigarh stating that the outlets are charging VAT extra on the discounted prices. As you would appreciate that the MRP are inclusive of all taxes and VAT and no additional amount of whatsoever nature is chargeable. When the off season discounts have been offered on MRP the discounted prices becomes discounted MRP and in our view no additional amount is chargeable. To explain with illustration if the MRP of any product say is Rs.2,000/- inclusive of all taxes and a sale discount has been me...

Is Ritu Wears adapting to ethical business Practices? probably "No".

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Is "Ritu Wears" adapting to Ethical Business Practices? probably "No". This is a snap taken at "Ritu Wears" Faridabad who have announced off season sale discounts. A discount of 30% to 60% is being offered. The MRP of products is also displayed and MRP is a price inclusive of all taxes, VAT etc. Now when the discount on MRP is offered, the discounted price becomes MRP implying that the discounted price is also inclusive of taxes, VAT etc. As can be seen that Ritu Wears after discount is also charging VAT extra. The charging of extra VAT is an unfair trade practices as the price after charging VAT becomes expensive to the extent of VAT which in most of the items is 12.5%.   This means the price where the discount has been displayed as 50% makes effective discount to be 43.25% instead of 50% which is unfair trade practices as well as misleading selling.  Let me take another example. Say the company has announced 10% discount in the off sea...

Is EVOK resorting to Unethical Business Practices?

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Is EVOK, Crown Interiorz, Faridabad resorting to unethical business practices? EVOK also seems to be resorting to unfair trade practice (UTP).  I had a chance of visiting the store yesterday i.e on 8th Feb.2014 at Faridabad. It has displayed everywhere in the show room including newspaper a discount upto 60%. The sales boy had stated a discount of 15% on MRP on some particular item which was sent for billing. However, at the billing counter, surprisingly the cashier did not account for the offered discount. This was noticed only after payment of money by credit card completed. However the issue was raised. The cashier confirmed from the sales boy as to whether any 15% discount was offered on the item. The sales man confirmed and despite that the cashier did not corrected the bill. The cashier was asked to share the email id of the concerned senior official so that the issue is raised appropriately. The cashier refused to share the email id. Surprisingly the web-site of EV...