Govt Directs Firms to Revise MRP on Unsold Stock

New Delhi : The government has directed manufacturers, packers and importers to revise maximum retail prices (MRP) on unsold stock to reflect the recently announced changes in GST rates. The deadline for updating prices has been set as December 31, 2025, or until the unsold stock is cleared, whichever comes earlier.

The directive comes after the government reduced GST on several products and services, effective September 22, 2025. Union Food and Consumer Affairs Minister Pralhad Joshi announced the decision on X, clarifying that revisedMRPs must only reflect the tax change and not arbitrary price increases.

According to the guidelines, the new MRP should be displayed with a sticker, stamp, or online print, but the original printed MRP must remain visible to ensure transparency. This move aims to prevent confusion among consumers and ensure that the benefit of lower GST rates is passed on directly.

The government has also mandated that companies publish at least two advertisements in newspapers about the price revisions and inform both dealers and state/central government officials. Additionally, firms must issue public notices so consumers are aware of the updated MRPs.

To reduce wastage, the government clarified that old packaging material printed with the earlier MRP can still be used until December 31, provided corrections reflecting GST changes are made.

Minister Joshi stressed that the step was necessary to protect consumer interests and maintain transparency. “This measure ensures consumers are not overcharged and companies pass on the tax benefits fairly,” he said.