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Union Consumer Affairs Minister Ram Vilas Paswan on 15 November, Wednesday said new Maximum Retail Price (MRP) will have to be printed on around 200 consumer products in the backdrop of a change in the taxation structure by the GST Council on 10 November.
The manufacturers will have to fix new stickers of reduced MRP along with the old MRP to pass on the benefits of reduction in the Goods and Services Tax (GST) to consumers, Paswan said, adding that failing to do so will attract action.
The changed tax structure has been in force from Wednesday.
The ministry had made a similar move after roll out of GST on 1 July this year, with the deadline for dual MRP till 30 September, which was later extended to 31 December.
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