Govt allows manufacturers to revise MRP on unsold stock due to GST rate changes

India's Department of Consumer ANairs on Tuesday allowed manufacturers to revise MRP on unsold stock due to GST rate revsion. The move is set to provide huge relief to consumers and the companies. Manufacturers, packers, and importers of pre-packaged commodities will have to declare revised retail sale prices (MRP) on unsold stock manufactured or imported prior to the revision of GST rates. This d…