{"id":140601,"date":"2017-07-05T15:27:55","date_gmt":"2017-07-05T09:57:55","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=140601"},"modified":"2017-07-05T15:27:55","modified_gmt":"2017-07-05T09:57:55","slug":"dept-of-consumer-affairs-allows-change-in-mrp-on-unsold-stock-prior-to-implementation-of-gst-till-30th-september","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/05\/dept-of-consumer-affairs-allows-change-in-mrp-on-unsold-stock-prior-to-implementation-of-gst-till-30th-september\/","title":{"rendered":"Dept. of Consumer Affairs allows change in MRP on unsold stock prior to implementation of GST till 30th September\u00a0"},"content":{"rendered":"<p style=\"text-align: justify;\">On account of implementation of GST w.e.f. 1<sup>st<\/sup>\u00a0July, 2017, there may be instances where the retail sale price of a pre-packaged commodity is required to be changed.\u00a0 In this context, Union Minister for Consumer Affairs, Food &amp; Public Distribution has allowed the manufacturers or packers or importers of pre-packaged commodities to declare the change retail sale price (MRP) on the unsold stock manufactured\/ packed\/ imported prior to 1<sup>st<\/sup>\u00a0July, 2017 after inclusion of the increased amount of tax due to GST if any, in addition to the existing retail sale price (MRP), for three months w.e.f. 1<sup>st<\/sup>\u00a0July 2017 to 30<sup>th<\/sup>\u00a0September, 2017.\u00a0 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.<\/p>\n<p style=\"text-align: justify;\">It is also clarified that \u2018for reducing the Maximum Retail Price (MRP), a sticker with the revised lower MRP (inclusive of all taxes) may be affixed and the same shall not cover the MRP declaration made by the manufacturer or the packer, as the case may be, on the label of the package\u2019.<\/p>\n<p style=\"text-align: justify;\">Use of unexhausted packaging\u00a0material\/wrapper has also been allowed up to 30<sup>th<\/sup>\u00a0September, 2017 after making the necessary corrections.\u00a0The Legal Metrology (Packaged Commodities) Rules, 2011 are framed to regulate the pre-packaged commodities.\u00a0\u00a0Rule 6 of the\u00a0said Rules provides that\u00a0every package shall bear thereon the following declarations<strong>:<\/strong><\/p>\n<p style=\"text-align: justify;\">(i) Name and address of the manufacturer\/ packer\/ importer;<\/p>\n<p style=\"text-align: justify;\">(ii) Common or generic name of the commodity contained in the package;<\/p>\n<p style=\"text-align: justify;\">(iii) Net quantity, in terms of standard unit of weight or measure or in number;<\/p>\n<p style=\"text-align: justify;\">(iv) Month and year of manufacture\/ pack\/ import;<\/p>\n<p style=\"text-align: justify;\">(v)\u00a0Retail sale price in the form of Maximum Retail Price (MRP) Rs\u2026.. Inclusive of all taxes;<\/p>\n<p style=\"text-align: justify;\">(vi) Consumer care details.<\/p>\n<p style=\"text-align: right;\">Ministry of Consumer Affairs, Food &amp; Public Distribution<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On account of implementation of GST w.e.f. 1st\u00a0July, 2017, there may be instances where the retail sale price of a pre-packaged commodity <\/p>\n","protected":false},"author":91,"featured_media":194173,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-140601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dept. of 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