Thursday 14 June 2018

Govt extends sale of pre-GST goods with stickers of revised price till July 31-The Total Investment & Insurance Solutions

Contact Your Financial Adviser Money Making MC

14 June 2018


GST (The Total Investment & Insurance Solutions)



Sale of pre-GST packaged goods has now been allowed with stickers of revised rates till July 31, the government today said. After implementing GST from July 1, 2017, the government had allowed use of stickers with revised rates, alongside the printed MRP for pre-packaged items to reflect changes in selling price for three months till September 30. The deadline has been extended several time and the latest was April 30. The Total Investment & Insurance Solutions
In a latest order, the consumer affairs ministry said the deadline has been extended till July 31 on request made by manufacturers, packers and importers.
The details such as 'country of origin' should be mandatorily declared along with other declarations, including 'best before use' or 'use by date or expiry date' required under the rules, the ministry added.
The unsold items had an MRP which included all taxes of pre-GST era but with the implementation of new regime, some of the final retail prices have undergone change due to increase or decrease in tax incidence.The Total Investment & Insurance Solutions


No comments:

Post a Comment