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Cos hurry up to follow edict on MRP revision
The New Indian Express Hubballi
|September 10, 2025
Consumer affairs ministry asks cos to declare revised MRPs on unsold stocks in line with rationalisation of GST rates
AS the September 22 deadline for implementing the new GST rates approaches, companies and regulators are racing against time to ensure proper pricing and labelling of inventories. The Ministry of Consumer Affairs has directed firms to declare revised maximum retail prices (MRPs) on unsold stocks, in line with the rationalisation of GST rates.
Companies have been allowed to display revised MRPs until December 31, 2025, or until existing stocks are cleared. The ministry has clarified that revised MRPs must strictly mirror tax changes—prices can't rise beyond actual increase in tax, and must mandatorily fall where GST rates have been cut.
यह कहानी The New Indian Express Hubballi के September 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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