Bathroom Fittings

bbllaazzee
Posts: 46
Joined: January 5th, 2012, 4:29 pm

Re: Bathroom Fittings

Post by bbllaazzee »

sam_m400 wrote:All i jut put small example with discount with MRP+VAT and without VAT discount and both come same price.... Let see MRP price of material is 10480

vat 14.5% Total(wt VAT) Dis 18% on 11999.5 NET
10480 1519.6 11999.6 2159.928 9839.672

18% Dis Total wt dis VAT 18% on 8593 NET
10480 1886.4 8593.6 1246.072 9839.672

Here the NET discount is 6% (10480 - 9839.672)/10480 = 0.061
and not 18%

So are others mentioning 28%/18% is NET or is it MRP-18%+14.5%?

Wherever I enquired Chabbria or PC Mallapa or others, everyone says 28% or 30%, but then add 14.5% post the discount which brings down the discount value, unless you get it without bill, which none of the big shops mentioned above agreed.
sam_m400
Posts: 493
Joined: April 6th, 2010, 2:21 pm

Re: Bathroom Fittings

Post by sam_m400 »

Net-discount+VAT and Net+VAT-discount both will give same pricing as per my example. So there is no point of going adding VAT before of after discount. Just negotiate for discount. see my example both the price are coming as 9839 .

Net+VAT-discount

Net (10480)+VAT(14.5% = 1519) -discount (18% = 2159) = 9839

Net-discount+VAT

Net(10480)-Discount (18% = 1886)+VAT (14.5% on 8593 = 1246) = 9839.
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