"The Consumer Affairs Ministry is giving us the daily price, the price variations in common commodities. And for most of these, it is related to MRP change. May be for a day or two goods were not available because they had to give the revised price... There was nothing untoward that has happened," she said.The ministry of consumer affairs last month asked companies to display revised MRP, along with pre-GST printed sale price, to reflect the price change post the new tax regime. But in case of some commodities, the tax rate has changed post GST, altering the MRP.Sarna said so far the GST rollout has been relatively smooth.

Source: Economic Times August 06, 2017 06:45 UTC