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MRP And Expiry Date On Packaged Products Sold By Ecommerce Companies Made Mandatory

With the beginning of the new year, e-commerce companies have been mandated to specify maximum retail price together with the product expiry date for packaged products. The move is aimed at checking fake discounts after inflating price of the product. ...

GST Rate Cuts: Some Companies Offering More For Less

To remain compliant with the GST rate cuts that the government is time and again reminding companies' across sectors to stick to, some of the companies primarily in the consumer goods space shall now be providing a bigger pack with more ...

GST Rate Cut: Govt Allows Companies To Paste New MRP Stickers Till Dec

With recent cut in GST rates on about 200 items, the government allowed companies to paste a price sticker on packaged products to reflect new MRP till December. After the GST was rolled out from July 1, companies were asked to ...

GST Now Being Mulled To Be Part Of MRP

After a surge in complaints from consumers that some of the retailers are charging GST over and above the maximum retail price, the group of state ministers have sought to bring GST within the scope of MRP for a product i.e ...

Companies Face Jail Term For Not Reprinting Revised MRP On Inventory

Consumer Affairs Minister Ram Vilas Paswan warned of a fine of up to Rs. 1 lakh, including a jail term, if new post-GST rates are not printed on the inventory in the interest of consumers. Manufacturers have been allowed to clear ...

Price Revision Post GST To Be Through Ads, Revised Stickers: Government

As part of its drive to allay confusion and fear among masses about the revised prices post GST implementation and ensure smooth rollout, government has asked companies to put in place revised price stickers. The law defines MRP as the highest ...

From Next Year You Will Not Have To Shell Out More Than MRP On Packaged Goods

It's a common practice to see vendors overcharging you for packaged goods at railway station kiosks, airports, malls and cinemas. But to the relief of so many of us who on a frequent basis throng to these places, government has notified ...