New Delhi, July 9: The Government has issued strict mandate to manufacturers, importers and sellers of pre-packaged goods that they must print post-GST MRPs on product labels. Failing to do so, they'll face a fine of 1 lakh or 1 year prison term for repeat offence.
Under the Legal Metrology Act, they'll face fine up to 25,000 for first such offence and for second offence the fine may be up to 50,000. Under the GST regime, some prices of goods have fallen and some have risen.
According to centre’s notification, it is mandatory to print revised MRP on the inventory, else stringent action will be taken for violation of the Packaged Commodities Rules, he warned. Notably, Manufacturers have been allowed to clear the unsold stocks by September with new MRP.
A committee of the Consumer Affairs Ministry has been set up to address the consumer grievances on GST and even helplines have been increased to 60 from 14 to address tax-related queries. More than 700 queries have been received by the consumer helplines and the ministry has sought expert help from its finance counterpart to resolve them.
Moreover, Ministry of Finance Clarify that the no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization. In case of any difficulty, complain at Phone no. 011-23370115. Some unscrupulous elements posing as GST officers have tried to fleece the shopkeepers and customers in the name of GST, statement added.
India had moved to the Goods and Services Tax (GST) on July 1.GST will benefit consumers and attract private investment also replace multiple state and central taxes to create one national market. This bill seeks to subsume all central indirect levies like excise duty, countervailing duty and service tax and also state taxes such as value added tax, entry tax and luxury tax, to create a single, pan-India market.