Cos hurry up to follow edict on MRP revision
The New Indian Express Kozhikode
|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.
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The New Indian Express Kozhikode
'Being No 1 in the world bigger than any titles'
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The New Indian Express Kozhikode
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1 min
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The New Indian Express Kozhikode
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1 min
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The New Indian Express Kozhikode
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1 min
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The New Indian Express Kozhikode
No action against men who got ₹10K under women yojna
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1 min
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The New Indian Express Kozhikode
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1 min
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The New Indian Express Kozhikode
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'URBAN PHOBIA'
1 min
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The New Indian Express Kozhikode
Ace sculptor Ram V Sutar passes away at 100
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1 mins
December 19, 2025
The New Indian Express Kozhikode
Australia rip through England on another bad day for Snicko
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1 min
December 19, 2025
The New Indian Express Kozhikode
CCI will launch probe into IndiGo for ‘abusing its dominant position’
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1 min
December 19, 2025
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