×
Consulting Litigation Representation Sectors About us Showcase Resource Careers Contact
×
Taxation Corporate & Commercial Pre Litigation Strategic Business & Transaction Investment and Debt International Trade & Alliances IT & Cyber Laws Policy & Regulations Intellectual Property Rights Trade Law Business Formation & Management Defamation & Reputation Management Public Sector, Govt and Non-Govt Organizations India Entry
×
Dispute Resolution Recoveries Tax Disputes Consumer Disputes Product Liability Litigation Real Estate Disputes Economics Offences Intellectual Property Disputes
×
Who we are What we do Our Approach Our Team
×
Events Gallery News Accolades
×
Blog Newsletter Article

Permission to display revised MRP due to Implementation of GST extends up to 31st December, 2017

Overview

On account of implementation of GST w.e.f. 1st July, 2017, there may be instances where the retail sale price of a pre-packaged commodity is required to be changed. In this context, Hon’ble Minister for Consumer Affairs, Food & Public Distribution had allowed the manufacturers or packers or importers of pre-packaged commodities to declare the revised retail sale price (MRP) in addition to the existing retail sale price (MRP), for three months w.e.f. 1st July 2017 to 30th September, 2017. Declaration of the changed retail sale price (MRP) was allowed to be made by way of stamping or putting sticker or online printing, as the case may be.

Use of unexhausted packaging material/wrapper was also been allowed upto 30th September, 2017 after making the necessary corrections.

Considering the requests received to extend the permission for some more time it has been extended to display the revised MRP due to implementation of GST by way of stamping or putting sticker or online printing for a further period of three months, i.e. up to 31st December, 2017.

Source: Press Information Bureau, Government of India, Ministry of Consumer Affairs, Food & Public Distribution