Contact Your Financial Adviser Money Making MC
5
July 2017
Union
Food Minister Ram Vilas Paswan on Wednesday said that manufacturers and vendors
will have to print revised Maximum Retail Price (MRP), next to the old MRP,
post Good and Service Tax (GST) rollout on unsold stocks or they will have to
face legal action.
"We
have issued an order seeking immediate printing of revised MRP as prices have
either come down or gone up after the GST. So there will be two MRPs -- old and
revised. It will be in force till September 30. Later, there will be only
revised MRP," Paswan told reporters here.
The
order is applicable for unsold stocks up to July 1. New revised MRP declaration
can be done through stamping, putting sticker or online printing. The Total Investment & Insurance
Solutions
Paswan
said the ministry was planning a dedicated helpline to lodge complaint related
to overpricing by manufacturers, wholesalers, vendors. The Total Investment & Insurance Solutions
"If
customers notice that revised MRP is not printed and products are overpriced,
they can lodge complaints through the helpline. Strict action will be
taken," Paswan said.
The
minister appealed the manufacturing companies to inform people about the change
in the MRP through newspaper advertisements.The Total Investment & Insurance Solutions
No comments:
Post a Comment