Overview
- The Ministry of Food and Consumer Affairs directed manufacturers, importers and packers to align MRPs on unsold inventory with the revised GST rates.
- Price revisions are allowed until December 31, 2025 or until stocks are cleared, while the new GST slabs take effect on September 22.
- Any change in MRP on existing stock must match only the quantum of the GST adjustment, blocking unrelated price alterations.
- Revised MRPs must be displayed using stickers, stamps or online printing, and the original printed price must remain visible.
- Companies must publish at least two newspaper notices and notify dealers and state and central officials, and they may use existing packaging if MRPs are corrected.