GST overhaul: Government permits revised MRPs on unsold stock; use of old packaging allowed till December – The Times of India

GST overhaul: Government permits revised MRPs on unsold stock; use of old packaging allowed till December – The Times of India

The government has allowed manufacturers, packers and importers of packaged goods to print revised MRPs on unsold stock under the new GST rules. They have further been allowed to exhaust existing packaging material and wrappers until December. The decision comes amid repeated appeals by consumer goods companies, which had urged the government to allow clearance…

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FMCG GST cut impact: Firms seek government nod to sell existing stock; aim to avoid Rs 2,000 crore packaging waste – The Times of India

FMCG GST cut impact: Firms seek government nod to sell existing stock; aim to avoid Rs 2,000 crore packaging waste – The Times of India

Consumer goods companies have urged the government to allow them to sell products with existing packaging at a reduced price once new GST rates come into effect on September 22, aiming to avoid wastage of packaging material worth over Rs 2,000 crore.In letters sent via industry bodies to the finance ministry and department of consumer…

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