Govt allows companies to paste revised GST MRP stickers till March next year

The government has allowed companies, till March 2018, to paste price stickers on unsold packaged products to reflect new MRP post-GST, Consumer Affairs Minister Ram Vilas Paswan said on Saturday.

After Goods and Services Tax (GST) became effective from July 1, companies were asked to use stickers on unsold packaged commodities to display new maximum retail price (MRP) till September, which was later extended till December.

When rates of about 200 items were cut in mid-November, the ministry permitted to paste additional stickers under the Legal Metrology (Packaged Commodities) Rules, 2011.

Last month, the ministry had allowed to “affix an additional sticker or stamping or online printing for declaring the reduced MRP on the pre-packaged commodity”.

As many as 178 items of daily use have been shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC.

To ensure GST cuts are passed on to consumers, Paswan had recently directed state legal metrology officers to check if companies are pasting the new MRP stickers.