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AMN

GST 2The government has allowed companies till March next year to paste price stickers on unsold packaged products to reflect new MRP post GST. This was stated by Food and Consumer Affairs Minister Ram Vilas Paswan in New Delhi yesterday.

He said, in last GST Council meeting, rates of GST have been reduced for about 200 items, so the Ministry has decided to extend the December deadline to further three months. The Ministry has permitted the companies to paste additional stickers under the the Legal Metrology (Packaged Commodities) Rules, 2011.

After the roll out of Goods and Services Tax from 1st of July this year, 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 this year.

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

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