Changed retail sale price (MRP) declaration allowed for unsold pre packaged stock with sticker or stamping and conditions. Manufacturers, packers and importers of pre packaged commodities are permitted to declare a changed retail sale price (MRP) on unsold stock produced before the tax change by stamping, sticker or online printing for a limited transitional period, provided the increase does not exceed the actual tax increase or newly imposed tax, the original MRP remains visible and is not overwritten, and the parties make at least two newspaper advertisements and circulate notices to dealers and legal metrology authorities regarding the price change.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Changed retail sale price (MRP) declaration allowed for unsold pre packaged stock with sticker or stamping and conditions.
Manufacturers, packers and importers of pre packaged commodities are permitted to declare a changed retail sale price (MRP) on unsold stock produced before the tax change by stamping, sticker or online printing for a limited transitional period, provided the increase does not exceed the actual tax increase or newly imposed tax, the original MRP remains visible and is not overwritten, and the parties make at least two newspaper advertisements and circulate notices to dealers and legal metrology authorities regarding the price change.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.