Revise MRP for GST Change: Union Min Joshi

1 Minute Read Listen to Article
Share:    

Sep 09, 2025 16:26

x
Companies must revise MRP on unsold stocks to reflect GST rate changes by Dec 31, 2025. Transparency & consumer protection ensured.
New Delhi, Sep 9 (PTI) The government has asked manufacturers to revise the maximum retail price (MRP) on unsold stocks in line with the change in GST rates.

The government has reduced GST on various products and services, which will come into effect from September 22.

"As per the new GST rates, manufacturers, packers, and importers can revise the MRP on unsold stock until 31st December 2025 (or until stock lasts)," Union Food and Consumer Affairs Minister Pralhad Joshi said in a social media post X.

He added that the revised prices must reflect GST changes only.


The new MRP should be shown with a sticker/stamp/online print. The old MRP must remain visible, the minister said.

"Any increase or decrease in price can only match the tax change," Joshi said.

He also directed companies to inform consumers through ads and public notices.

"This measure ensures transparency and protects consumer interests," he added.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback