We should always look for_____ inclusive of all taxes during purchase. Fill in the blank
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GST(good service tax or mrp )
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Answer:
We should look for maximum retail price (MRP) in all products.
Explanation:
As per the Consumer Goods (Mandatory Printing of Cost of Production and Maximum Retail Price) Act 2006, most extreme retail value (MRP) implies the cost above which a retailer can't charge his customers.
The MRP as of now factors in all taxes imposed on the item. A maker is required to specify in clear and intense print the most extreme retail cost on every one of the items.
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