Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has released FAQ-4 clarifying procedures for revising retail prices of pre-packaged commodities following the upcoming GST 2.0 rate cuts effective from September 22, 2025. The clarification refers to the Department of Consumer Affairs' Advisory
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
FAQ :
The FAQ-4 clarifies the procedures for revising retail prices of pre-packaged commodities after the GST 2.0 rate cuts, which are effective from September 22, 2025.
Yes, manufacturers, packers, and importers may voluntarily affix an additional revised price sticker or stamp on unsold stock manufactured before September 22, 2025, as long as the original MRP is still visible.
No, the earlier requirement to publish revised prices in two newspapers has been waived off.
Businesses must issue circulars detailing the revised prices to wholesale dealers and retailers. Copies of these circulars must also be sent to the Director of Legal Metrology (Central Government) and Controllers of Legal Metrology in all States and UTs.
Entities must ensure that the revised Maximum Retail Prices (MRPs) are correctly reflected at the retailer level and immediately sensitise dealers, retailers, and consumers about the changes through various communication channels.
CAclubindia
