After GST, rate calculations for Pharma Stockist and Pharma Retailers have been changed. Below formula will give you a general idea how to calculate retail and stockist margin. Here PTR means Price to Retailer and PTS means Price to stockist. You can also calculate net scheme. For example, if you want to give a scheme like 10% then this calculator automatically calculate net scheme value according to the percentage you entered.
MRP means Maximum Retail Price. It is the price at which customers will purchase medicine from a retail pharmacy store. It is inclusive of GST.
PTR means Price to Retailer. It is the price at which Retail pharmacy will purchase any medicine from the pharma stockists. It is exclusive of GST.
PTS means Price to Stockist. It is the price at which any pharma company will give its goods to pharma stockists or distributors. It is exclusive of GST.
With GST, rate calculations for Pharma Stockist and Pharma Retailers have been changed. Below PCD Calculator will give you general idea how to calculate retail and stockist margin. Here PTR means Price to Retailer and PTS means Price to Stockist. You can also calculate net scheme. For example, if you want give scheme like 10% than this calculator automatically calculate net scheme value according to the percentage you entered.
GST [5% / 12% / 18%]
P.T.R = (MRP – Stockist Margin) ÷ (100+GST)*100
P.T.S (If Stockist Margin is 10%) = PTR-10%
You can add a margin of retail and stockist.If you are not registered under GST than enter ‘Zero’ value in GST percentage field.
To calculate the PTR first we have to calculate Net Margin and GST Factor. Net Margin (It is Inclusive of GST) To calculate the Net margin directly minus the Retail % from MRP
Net Margin = MRP - Retail %
GST factor (Which is useful to minus GST amount from net margin)
GST Factor = 100 + GST% / 100
PTR = Net margin / GST Factor
Special Instruction to calculate PTR and PTS.
TO calculate Net margin of any given MRP, minus the Retail % from MRP.
To find the correct Net margin of any MRP please calculate like this.
Net Margin = MRP - Retail %
So always calculate PTR and PTS as per the above explanation only.
