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EXPLAINED | What is MRP for retail items? What to do if shops charge more? Know your consumer rights!
MRP (Maximum Retail Price) is the maximum price that a seller can charge a consumer for a product, and it is printed on the product's packaging. As defined under the Consumer Goods (Mandatory Printing ...
The government has allowed manufacturers, packaging firms and importers to change MRP on unsold stock to reflect the new GST rates, until 31 December 2025 or till stocks last—whichever is earlier.
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