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If any shopkeeper agrees with us MRP since a Rupee If he asks for too much, they start fighting. But how many of us have thought that MRP Who decides and how? Now when the government MRP to decide formulas If you are preparing to change then it becomes important to know about it. It is believed that the government will soon maximum retail price i.e MRP Can make major changes in the structure of. It is being told that the government has taken Industry, consumer And a meeting of tax representatives was called, in which this proposal was discussed.

There is a preparation to do this so that the increased and Confused gonna do MRP Can be controlled. Now companies or Industry One MRP Let’s decide. now this MRP how much will it be? It depends on the company.

government this system Wants to make it transparent so that customers get the goods at the right price and they are not cheated.

what about the governmentPlan?

Livemint According to the report, MRP Of system The government had called a meeting to make changes. In this Industry, consumer And tax officers had participated.

In this meeting the government asked all of them MRP Suggestions have been sought on changing the structure of. The government wants that MRP To product be added to the cost. This doesn’t happen right now. Right now companies can do anything as per their wish product of MRP Can decide.

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it MRP what happens?

MRP packing only products Applies only to. services And it is not decided on the goods sold openly. MRP It was implemented in 1990. This is the price at which packed product retail Is sold in the market. This MRP Also includes all types of taxes.

Any product of MRP how much will it be? it manufacturer come on seller The cost is decided keeping in mind all the expenses and your profit. As the name suggests, this is the maximum price that the customer has to pay to purchase the item.

MRP system It was introduced so that tax evasion could be stopped and customers could be protected from profiteering.

how is it decidedMRP?

MRP usually Manufacturers And seller It is decided by. For this many things are taken into consideration.

Any product how much does it cost? what will be the profit? How much will the freight cost?? how much commission will have to be paid? What will be the profit of the shopkeeper? GST how much it feels? How much is being spent on advertising? Like after adding all the expenses one MRP is decided.

Manufacturers And seller To MRP There is freedom to decide. Excluding prices of essential goods and medicines Manufacturers And seller any amount of remaining products MRP Can decide. at the same price again retail That stuff was sold in the market.

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Why does the government want to change this??

This is because right nowMRP To Regulate There is no way to do it. Experts believe that Often of many products MRP It is absurd. Apart from this, he also believes that in India MRP Of formula Very old and now needs replacing. It is also argued that there is currently no way to test whether MRP is it reasonable or not?

This is why the government MRP Of formulas Wants to change. This will have two benefits. First- There will be no fraud with the customers and they will get the goods at the right price. Second- Manufacturers come on seller Arbitrary MRP Will not be able to decide.

This is also important because many times MRP An attempt is made to lure customers by increasing the price and giving huge discounts on it. For this reason only product at different locations or online Store But there are different prices. Now! MRP There is no rule to determine which Manufacturers Is given freedom to do as he pleases.

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how does it happen MRP played this?

Many times shopkeepers orManufacturers Any product of MRP Keep Rs 1,000 and later give a discount on it.

an officer Mint told, ‘if someone product of MRP Rs 5,000 but Rs 50% After discount, it is sold for Rs 2,500, so the question arises that when there is profit by selling it for Rs 2,500, then why was such a high price printed on the tag??’

He said, ‘What 50% The discount was just a ploy to lure customers?’ He said that all the cases are being investigated, so that the shopkeeper can be punished legally. product to his MRP But only selling should be allowed.

can this happen?

The government wants thatMRP system should be changed. However, not everyone is in favor of it. reports According to, it is being argued that MRP system There is no need to make changes. His argument is that if MRP will be added to the cost, it is possible that many product Will be closed.