News
Panel suggests making GST inclusion in MRP mandatory
- Date:
- October 30, 2017
- Source:
- Live Mint
Maximum retail price (MRP) of goods must include the goods and services tax (GST) component to effectively address consumer complaints that some retailers charge the new indirect tax on MRP of products, a high-level panel of state finance ministers has recommended. The group of ministers (GoM), headed by Assam finance minister Himanta Biswa Sarma, has in its recommendation to the GST Council on ea…