Union Consumer Affairs Minister Ram Vilas Paswan on 15 November, Wednesday said new Maximum Retail Price (MRP) will have to be printed on around 200 consumer products in the backdrop of a change in the taxation structure by the GST Council on 10 November.
The manufacturers will have to fix new stickers of reduced MRP along with the old MRP to pass on the benefits of reduction in the Goods and Services Tax (GST) to consumers, Paswan said, adding that failing to do so will attract action.
Those goods on which GST has been lowered will have to be sold at new MRP. Benefit has to be passed on to customers. Notification has been issued in this regard. We have written to the Legal Metrology Department to take action in case of non-compliance. Also, consumers can lodge complaint through National Consumer HelplineRam Vilas Paswan
The changed tax structure has been in force from Wednesday.
The ministry had made a similar move after roll out of GST on 1 July this year, with the deadline for dual MRP till 30 September, which was later extended to 31 December.
(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)