Govt directs manufacturers to revise MRP on unsold stock as GST rates change
GST
Dated:- 9-9-2025
PTI
New Delhi, Sep 9 (PTI) The government on Tuesday directed manufacturers and importers to declare revised maximum retail prices (MRP) on unsold stock to reflect changes in goods and services tax (GST) rates, with the deadline set for December 31 or until stocks are exhausted, whichever is earlier.
The directive comes as 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
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