MRP To Be Sole Price Decider for packaged goods, From January 1, 2018

Posted on:08 Jul 2017 16:20:27
MRP To Be Sole Price Decider for packaged goods, From January 1, 2018
08 July 2017 Current Affairs: Consumer Affairs Ministry has amended the rule that price of each and every packaged goods will be decided by its MRP only and does not depend on where you bought it - be it a local Kirana store, a mall, a five-star hotel or an airport.

The retail sale price shall be the Maximum Retail Price (MRP) inclusive of all taxes, with the provision to round off the price to the nearest rupee or 50 paise.

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