Last updated on March 9th, 2018 at 12:52 am
Query:
Is the margin of pharma retailers in India based on MRP inclusive GST or excluded of GST ? What is the margin of retailers in India?
Response:
Retailer margin in India is based at PTR (Price to Retailer), not at MRP. Suppose if retailer margin is 20% then it would be calculates as per price to retailers. Margin is calculated at price whereas vat is different thing.
Retailers margin in India varies from 16% to 22% depend at area and location.
Hope above information is helpful to you…
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