https://www.taxtmi.com/article/detailed?id=7590 The Central Government permits manufacturers, packers or importers to revise MRP on unsold pre packaged commodities manufactured, packed or imported before GST implementation to reflect net tax incidence after accounting for additional input tax credit; revisions may be effected by stickers, stamping or online printing while retaining the original MRP, subject to limits on the increase, advertising and notice requirements for upward revisions, a separate sticker procedure for downward revisions without mandatory intimation, exemption of loose goods and specified drug formulations, and a time limited transitional period. en-us Fri, 01 Sep 2017 07:25:24 +0530 Fri, 01 Sep 2017 07:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7590 The Central Government permits manufacturers, packers or importers to revise MRP on unsold pre packaged commodities manufactured, packed or imported before GST implementation to reflect net tax incidence after accounting for additional input tax credit; revisions may be effected by stickers, stamping or online printing while retaining the original MRP, subject to limits on the increase, advertising and notice requirements for upward revisions, a separate sticker procedure for downward revisions without mandatory intimation, exemption of loose goods and specified drug formulations, and a time limited transitional period. Articles Goods and Services Tax - GST Fri, 01 Sep 2017 07:25:24 +0530 https://www.taxtmi.com/article/detailed?id=7590