One Time Relaxation (upto
30 Sept 2020) of MRP Revision Allowed on Sticker Following GST Hike
·
Both Old and New
Price to be Stated on Sticker
·
Notification Issued
by Consumer Affairs Ministry
[Ministry of Consumer
Affairs Notification dated 1st April 2020]
The undersigned is directed to refer to the
above mentioned subject and to state that in exercise of the powers conferred by
rule 33(1) of the Legal Metrology
(Packaged Commodities) Rules, 2011, the Central Government hereby permits the manufacturers
or packers or importers of pre-packaged commodities to declare the revised retail
sale price (MRP) on the unsold stock manufactured/ packed/ imported prior to revision
of GST, after inclusion of the increased amount of tax due to GST, if any, in addition to the
existing retail sale price (MRP) upto 30th
September, 2020 or till such date the
stock is exhausted, whichever is
earlier. Declaration of the changed retail sale price (MRP) shall be made by way
of stamping or putting sticker or online printing, as the case may be, after complying
with the following conditions:
(i)
The difference between the retail sale price originally printed on the package and
the revised price shall not, in any case, be higher than the extent of increase
in the tax if any, or in the case of imposition of fresh tax, such fresh tax, on
account of implementation of GST Act and Rules.
(ii) The original MRP
shall continue to be displayed and the revised price shall not overwrite on it.
(iii) Manufacturers or
packers or importers shall make atleast two advertisements
in one
or more newspapers in
this regard and also by circulation of notices to the dealers and to the Director
of Legal Metrology in the Central Government and Controllers of Legal Metrology in the States and
Union Territories, indicating the change in the price of such packages.
2. It is also clarified
that any packaging material or wrapper which could not be exhausted by the manufacturer
or packer or importer prior to revision of GST, may be used for packing of material
upto 30th September, 2020 or till such date the packing
material or wrapper is exhausted, whichever is earlier after making corrections
required in retail sale price (MRP) on account of implementation of G.S.T. by way of stamping
or putting sticker or online printing, as the case may be.