Fertiliser output steady despite West Asia crisis; govt secures 37 lac ton urea imports for kharifIndia's fertilizer production remains robust. Domestic urea output in March-April reached 37.49 lakh tonnes, nearly matching last year's fi...
India to import 64 LT urea, 19 LT of other fertilisers in kharif season despite high global pricesIndia will import 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers for the upcoming kharif season. Global prices have doubled...
FinMin asks CGST field offices to submit comparative MRP change data post Sep 22The finance ministry has directed Central GST officers to track price changes in 54 common items following the GST rate cuts effective Sept...
Companies told to revise MRP of duty-waived medicinesIn an office memorandum dated February 17, the nodal agency for price regulation has also directed these companies to issue a revised price...
NPPA asks companies to cut prices of three cancer drugs post tax reliefIn a move aimed at providing relief to cancer patients, the National Pharmaceutical Pricing Authority (NPPA) has directed drug manufacturer...
Indian fliers flag dual MRP for packaged water onboard flights despite govt banA survey by Local Circles revealed that several Indian fliers reported that airlines sold packaged food and water with higher published Max...
Edible oils may get cheaper by nearly 6%BV Mehta, executive director of SEA, said, "Edible oil prices are likely to go down further in the next quarter. The only caveat will be th...
GST rate cut: Companies will have to show new rates on old stock alsoThe GST Council had cut tax rates on a host of white goods to 18% from 28% and exempted sanitary napkins from any tax. Both, the centre and...
No extension for sale of pre-GST stock with revised MRP stickers: Ram Vilas Paswan"Retailers will display only one MRP after 31st March. We are not in favour of providing an extension of deadline for MRP stickering," Pasw...
MRP, use-by info on all eProducts from todayThe ecommerce companies now have to display MRP and expiry details of packaged products on their platforms from January 1.
Govt may allow pre-GST stocks to have revised MRP stickers till MarchWhen the GST was implemented on July 1, the government had allowed marketers to display details of the revised MRP on pre-GST stocks.
Deadline for selling pre-GST goods extended to December 31Officials aware of the developments said that the department had been approached by several retailers, asking for an extension on the timel...
Government monitoring prices post GST, no supply disruptions yetGST unified 17 different levies including central excise, service tax and VAT and there were apprehensions of initial hiccups.
Revised MRP being sternly monitored: Ram Vilas PaswanBN Dixit, director of legal metrology department, said, “Printed sticker of revised MRP is a must till September 30. Manufacturers will hav...
MRP of stents, valves must now be declaredThe new rules also makes it mandatory for ecommerce firms to mention MRP of products, which is aimed at ending any ambiguity.
Vat increase will not lead to price rise, says Assam governmentThe government stated that many items including medicine are governed by MRP system, therefore 1% increase in tax rate wil not cause any in...
Budget 2015: Cigarette prices raised even before companies’ notificationIn last budget, duty on cigarettes was up by 11-72%. This time, it is 25% on cigarettes of length not exceeding 65 mm & 15% for cigarettes ...