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E-Books Sept-2025

5.5 Government has directed the trade & industry to pass on the benefit

Comparative Analysis - Pre and Post 22nd September 2025
5.5 Government has directed the trade & industry to pass on the benefit of any reduction in rate of tax (GST) on any supply of goods or services or the benefit of ITC (Input Tax Credit), to the recipient/ end customer, by way of commensurate reduction in its prices. Certain companies have already started giving advertisements in newspapers & media showing picture & name of products, its weight/ measurement, Old MRP & New MRP effective from 22 Sep 2025. Such MRP includes all taxes, including GST. MRP Revision, Stamping, Stickering, Communication Advisory for Manufacturers & Importers - Relaxation under Rule 33, to relax provisions contained in Rule 18(3) of The Legal Metrology (Packaged Commodities) Rules, 2011, issued by Weights & Measurements Unit, Dept of Consumer Affairs, Govt of India, in supersession of earlier Advisory dt 9 Sep 2025 vide new Advisory dt 18 Sep 2025 and FAQ dt 19 Sep 2025: Gist of advisory: Manufacture.......