Govt Eases GST Transition: Manufacturers Can Revise MRPs on Unsold Stock
The Department of Consumer Affairs has permitted manufacturers, packers, and importers to revise the maximum retail price (MRP) of unsold stock following changes in GST rates bringing much-needed relief to both companies and consumers. This move, effective September 9, 2025, aims to smoothen the transition for the industry while ensuring consumers benefit from lower tax rates.
