MRP relabelling permission allows stamping or stickering reduced retail prices on pre packaged unsold stock after GST rate change. Permits manufacturers, packers and importers of pre packaged commodities to declare a changed retail sale price (MRP) on unsold stock by affixing an additional sticker, stamping or by online printing where input credit adjustments or GST rate reductions reduce the retail price; permission preserved original MRP while allowing an additional indication of reduced price and was extended by the Director of Legal Metrology up to 31 March 2018.
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Provisions expressly mentioned in the judgment/order text.
MRP relabelling permission allows stamping or stickering reduced retail prices on pre packaged unsold stock after GST rate change.
Permits manufacturers, packers and importers of pre packaged commodities to declare a changed retail sale price (MRP) on unsold stock by affixing an additional sticker, stamping or by online printing where input credit adjustments or GST rate reductions reduce the retail price; permission preserved original MRP while allowing an additional indication of reduced price and was extended by the Director of Legal Metrology up to 31 March 2018.
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