Address: Bangalore, Karnataka |
Dear Sir,
I had bought 2 shirts and 4 pants from Brand Factory, Hosur Road, Bangalore. They said there will be 50% off. But when I calculated there were different percentage applied and after that VAT @ 5.5% also charged. Where the price is mentioned as MRP, then even 50% will also include tax at the reduced price. I cant understand the logic behind VAT being charged extra.
Particulars MRP Discount % Basic Amount Qty Amount Discount Vat Amount Discount %
Raymond Shirt 1, 799.00 43.05% 1, 024.53 1 1, 080.88 774.47 56.35 43.05%
Raymond Shirt 1, 299.00 59.62% 524.54 1 553.39 774.46 28.85 59.62%
Louis Phlip Trouser 1, 899.00 51.31% 924.62 1 975.48 974.38 50.85 51.31%
Louis Phlip Trouser 1, 999.00 48.74% 1, 024.69 1 1, 081.05 974.31 56.36 48.74%
Louis Phlip Trouser 1, 999.00 48.74% 1, 024.69 1 1, 081.05 974.31 56.36 48.74%
Louis Phlip Trouser 1, 899.00 51.31% 924.62 975.48 974.38 50.85 51.31%
Gross 10, 894.00 5, 447.69 5, 747.31 5, 446.31 299.62
Particulars I have been charged I should have been charged
For Buy 1 Get 1 / Buy 2 Get 2 offer, it should have been 50% of MRP 5, 447.00 5, 447.00
Add: VAT @ 5.5% 299.59 -
Total 5, 746.59 5, 447.00
Particulars MRP Discount % Discounted Price
Raymond Shirt 1, 799.00 50.00% 899.50
Raymond Shirt 1, 299.00 50.00% 649.50
Louis Phlip Trouser 1, 899.00 50.00% 949.50
Louis Phlip Trouser 1, 999.00 50.00% 999.50
Louis Phlip Trouser 1, 999.00 50.00% 999.50
Louis Phlip Trouser 1, 899.00 50.00% 949.50
Gross 10, 894.00 5, 447.00
I wait for your reply explaining me in detail.
Thanks & Regards
Suresh
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