• twitter-icon
Unlimited Tax Return Filing


Consumers Discomfort As GST Applied Over Discounted Price

GST Over Discounted Price

Consumers are in distress as e-commerce sites and retail stores are selling the discounted products with the addition of GST above the discount price, as revealed in a poll by Local Circles with the engagement of 8,845 people. The consumers expect from the government to take action against this unfair move.

Local circles also stated that by this unfair move, sellers are not providing the products at the promised price instead they are tricking them. It is revealed by a poll that if a product costs Rs. 2000 including GST and advertised to sell at 50% discount, they are charging the GST over the discounted price which is Rs 1,000.

Read Also: Know the MRP (Max Retail Price) Rules Under GST Act

Although, according to latest norms, charging GST over discounted price is liable, therefore creating discontent for consumers. It is also noteworthy that e-commerce sites are imposing 18% GST cess on discounted price and selling out the product costing Rs. 2000 with 50% discount at Rs. 1180. Therefore, the final amount is 9% less than the discount (promised 50%) of the product. This survey is named as “fleecing” by e-commerce sites by Local Circles, a social engagement platform.

Around 27% voters agreed that the GST being smacked considering the discounted price on 1 to 5 times in a month. Around 30% voters say that they didn’t get into any such act, and the remaining 27% confirmed that they do not have any idea regarding this. According to the survey, many sellers have been discounting the products including the taxes but the final price in the bill is showing mentioning of GST.

Recommended: Simple Way to Check Genuine GST Bill Given by Seller

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Rekha Rawat (Ex-Employee)
Rekha Rawat here, I am a content writer and engineer. Being a plethora, I love to explore new fields. I try my best to deliver impeccable content. Currently, I am working in SAG Infotech Private Limited as a content writer. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates