Pricing, Promotions & Coupon Codes
Price after discount in no way should be treated as the revised MRP.Â
Discount % shown on MRP is only for the purpose of calculation of Discount amount and GST is charged as per the explanation given above.
3. For the purpose of invoicing on the Website, Discounts shall include Coupons, Cashbacks, Cart offers, Promotional offers or any other offer which results into reduction in the regular MRP.
4. For any discounted product, the GST charged will be displayed in the Cart.
5. In case a Customer avails discount through Coupons, GST, if any, on a transaction will be applicable only upon confirmation of the Coupon and the GST amount will be visible directly on the checkout page.
6. The amount of taxes shown at the cart level is a mere estimate. The actual GST rate may vary depending upon the SGST prescribed by the respective state.
7. For the instant discount third party offers if the total order discount is at 19% and above post applying the third party offer discount, additional GST will not be paid by the customer.
GST Benefits
All Discount coupons and/or cash back offers includes an applicable component of GST benefits being passed on to customers.
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Following rules will govern whether or not GST will be applicable on the products purchased on discount by you:
1. Quantum of GST to be borne over and above the discounted price depends upon category to category and the prevailing discount on those products.
2. GST applicability:
Discount less than 19%
In case of product having discount of less than 19%, full applicable GST shall be borne by the Company.
Discount 19% and above
a) In case of product having GST of 5% or 12%, GST shall be paid by the Customer over and above the discounted price.
b) In case of product having GST 18% and above, 50% of the applicable GST shall be charged from the Customer over and above discounted price.
An illustration depicting the applicability of GST on the products purchased on discount is given below:
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| Â | Discount below 19% | Discount 19% and above | ||||||
|---|---|---|---|---|---|---|---|---|
| GST Rates | 5% | 12% | 18% | 28% | 5% | 12% | 18% | 28% |
| Discount | 18% | 18% | 18% | 18% | 20% | 20% | 20% | 20% |
| MRP | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Less:Discount | 18 | 18 | 18 | 18 | 20 | 20 | 20 | 20 |
| Price After Discount | 82 | 82 | 82 | 82 | 80 | 80 | 80 | 80 |
| GST | 0 | 0 | 0 | 0 | 4 | 9.6 | 7.2 | 11.2 |
| Net Price collected from Customer | 82 | 82 | 82 | 82 | 84 | 89.6 | 87.2 | 91.2 |
Applicable GST collected on the discounted price is duly deposited with the respective GST Authorities having jurisdiction or adjusted as per the applicable GST Act and Rules.
