Octroi
Querist :
Anonymous
(Querist) 29 April 2011
This query is : Resolved
Dear Sir,
I have a query on Octroi rules, the query is whether it is possible to pay Octroi on a lower amount than the invoice price, if so whether there is any notification regarding the same. I would also add more matter, basically we send our goods at say Rs. 100/- MRP to our franchisee who sells it at that price to the retail customer and we give say 30% commission to our franchisee on that. Now we want to pay octroi on Rs. 70/- although the invoice price is Rs. 100/-
Nitesh
R.Ramachandran
(Expert) 29 April 2011
If you have to ultimately get only Rs.70 from your customer to whom you are sending the goods, why are you showing it as Rs. 100/- instead of straitaway showing at Rs. 70/-. What is the benefit that you derive by showing it as Rs. 100/-?
Guest
(Expert) 29 April 2011
You can show the original (invoice price), show the commission allowed and then net amount paid/ayable by your retailer.
