Make In­clu­sion of GST in MRP Manda­tory: GoM

The Economic Times - - Economy: Macro, Micro & More -

New Delhi: Max­i­mum re­tail price of goods must in­clude the GST com­po­nent to ef­fec­tively ad­dress con­sumer com­plaints that some re­tail­ers charge the new indi­rect tax on MRP of prod­ucts, a high­level panel of state fi­nance min­is­ters has rec­om­mended. The group of min­is­ters sug­gested that the gov­ern­ment make it am­ply clear in the present law that MRP is the max­i­mum price of a prod­uct to be sold in re­tail and charg­ing any­thing above this is an of­fence.

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