A Magneto rheological Fluid (MRF) is a Smart fluid whose viscosity can be varied by application of magnetic field. The MR Fluid has vast applications in various engineering as well as day to day life. There is huge potential that this revolutionary material will provide many leading edge applications. The fluid has applications in various fields such as automotive industry, household applications, prosthetics, civil engineering, hydraulics, brakes and clutches, etc. Also there is a possible application of the fluid in reducing the effect of Gun Recoil. This paper will describe these applications and working of proposed application.