Revised Mrp

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  Deadline For Selling Pre-GST Goods Extended To December 31

  The decision came after several companies, retailers' body highlighted that they are still left with unsold stocks of pre-GST goods .

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  Companies Face Jail Term For Not Reprinting Revised MRP On Inventory

  It is mandatory to print revised MRP on the inventory, else stringent action will be taken for violation of the Packaged Commodities Rules, said Consumer Affairs Minister Ram Vilas Paswan.

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  Dual MRP Tags Will Help Clear Inventories, Say FMCG Companies

  The government has allowed unsold pre-packed items to be marketed to consumers with an add-on sticker indicating the revised price for three months.

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  Government Permits Stickers With Revised GST Prices Over MRP Till September 30

  Companies have time till September 30 to clear unsold pre-GST goods as the government has allowed a revised MRP to be displayed along with printed sale price to reflect the changes post the new tax regime kicking-in.

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  Reflect Revised MRP Post GST Or Face Legal Action: Government Tells Firms

  The clarification from the government came as several businesses were left with huge unsold inventories before the GST kicked in from July 1.