info@gstsafar.com

GSTSafar

How to show revised MRP after a GST rate change (unsold stock)?

How to show revised MRP after a GST rate change (unsold stock)

How to show revised MRP after a GST rate change (unsold stock)? Not compulsory: Re-stickering/re-labelling of existing stock is permitted, not mandatory; you must still pass the tax-cut benefit to consumers. How to revise: Use a stamp/sticker/online print to add the new MRP as an additional declaration—do not cover or overwrite the original MRP. Timeline: … Read more

Revised MRP label is not mandatory

Revised MRP

Revised MRP label is not mandatory The Burning issue in the market is Revised MRP label Mandatory or not ? Revised MRP label is not mandatory Core view: Re-stickering/re-labelling of unsold stock after GST rate cuts is not compulsory; Legal Metrology language says “permitted/allowed,” not “shall.” Pharma-sector communications support this stance. What’s mandatory: Pass the … Read more