Tag Archives: MRP

MRP, other details mandatory for online sales

To protect online consumers, the centre has made it mandatory from today for e-commerce firms to print not only the maximum retail price (MRP) on goods but also information like expiry date and customer care details. The consumer affairs ministry had made the amendments in this regard to the Legal Metrology (packaged commodities) Rules in June 2017. The companies were given a six month deadline to comply with the new rule. “Amendment made in the Legal Metrology (Packaged Commodities) Rules, 2011 to safeguard the Continue reading

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Restaurants and hotels can sell packed drinking water above MRP : SC

The Supreme Court allowed hotels and restaurants on Tuesday to sell bottled drinking water and packaged food at more than the maximum retail price (MRP) printed on these items.

The court rejected the government’s argument that overcharging for pre-packed or packaged products was an offence under the legal metrology act, which attracts a fine of ₹25,000 or a jail term.

A bench headed by Justice Rohinton Nariman said the provisions of the law will not apply to hotels and restaurants, and these establishments cannot be prosecuted for selling such items above the MRP. “It is not a case of simple sale. Nobody goes to a hotel to buy or take away a bottle of mineral water,” the bench observed, hearing a petition by the Hotels and Restaurant Association of India.

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Govt. to companies – Display revised MRP or face penalty

NEW DELHI: On Friday,the government told companies that they must print the revised MRP (maximum retail price) of goods they manufacture or face punishment, including a year in prison and a fine of up to Rs.1 lakh.

This is the latest effort by the government to ensure compliance by manufacturers and retailers with the new Goods and Services Tax (GST) amid complaints from consumers of overcharging and arbitrary tax rates.

“We have told companies to reprint revised rates on unsold goods. Stickers of new MRP should be pasted so that consumers are aware of the change in rates after GST,” consumer affairs minister, Ram Vilas Paswan, told reporters.

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source: http://paper.hindustantimes.com

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