Posted by shuen > 2014-10-18 23:48 | Report Abuse

i think there a mistake if not mistaken & allow me to share
RRP not inclusive 6% GST within RRP but charge separately
only retailer with GST licence can add 6% GST to RRP +6% GST where he can claim back later
but retailer without GST cannot charge GST but only sell at RRP, at the end he will bare extra cost due to factory/distributor GST imposed on him but cannot claim back from end buyer...
So end consumer should make sure retailer got GST collection licence only then pay the GST

Posted by luckyfrankie > 2014-10-19 07:16 | Report Abuse

shuen, your rite, Tan kw has misled, besides 0.56 profir, retailer A also got 0.65 input tax yet to redeem, in fact the total earning is 1.12 as oppose to retailer B who will have no interest to sell as the purchase price is 12.10 and the RRP is 12.10 too, correct me if i am wrong please

Posted by gift4ladies > 2014-10-20 00:06 | Report Abuse

I beg a differ, RRP = display price. Under GST Act 2014 section 9(5), display price is GST inclusive price.

Posted by gift4ladies > 2014-10-20 20:32 | Report Abuse

From 1 April 2015, all price tags and advertised price must be GST inclusive. Retailers should start preparing their pricing strategies now ;)