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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: Permission to declare revised MRP on unsold stock is valid till 31-Dec-2025 or until stock is exhausted (whichever is earlier).

Multi-pack logic:

  • If outer pack and each inner pack are both for retail sale (each has MRP), revise both.
  • If inner packs are “not to be sold separately,” revise only the outer pack.

Price discipline:

  • If GST increases, MRP hike cannot exceed the tax increase.
  • If GST decreases, the revised MRP must reflect the reduction.
  • Mandatory communication: Issue at least two newspaper ads, inform dealers, and notify Legal Metrology (Central & State).
  • Wholesaler checklist: Identify affected SKUs, apply non-removable stickers, keep a register (SKU/batch/old vs new MRP/date/method), and retain ads/notices for audit.

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