MRP (maximum retail price) is the highest price a packaged good may be sold at to a customer in India. It includes tax, so the tax is taken out of it, not added on top.
Example
A ₹40 MRP bottle with 5% GST: the tax inside is 40 × 5 ÷ 105 = ₹1.90, and the value before tax is ₹38.10. The customer pays ₹40, not ₹40.01.
How Nivasik handles it
- MRP is a ceiling on each line that the counter will not cross, for every login.
- The tax is taken out of the price, so the bill is exactly the MRP.
See it on your own place. It is free this Diwali.
We do the setup with you — your rooms, menu or stock list, your staff and your prices — in about a day. No card, so there is nothing to pay or cancel. This is an opening offer: we may change it, or end it, at any time, without prior notice.