- As many as 175 officers of the ranks of joint secretary and additional secretary have been given the charge of four-to-five districts each to oversee the GST implementation.
- These officers will not be in the field but will receive feedback from link officers posted in the respective districts on the availability of essential commodities and retail price movement. They will subsequently submit reports to a central monitoring group, chaired by Cabinet Secretary P K Sinha and comprising 15 other secretaries who will meet every Tuesday to monitor the GST.
- According to the instructions issued by the consumer affairs ministry allowing revision of the maximum retail price (MRP) on the pre-GST stock till September 30, manufactures or packers will need to publish at least two advertisements in one or more newspapers, and circulate notices among the dealers, the director of legal metrology, and the controller of legal metrology in the states and Union Territories, indicating the change in prices. However, the original MRP should continue to be displayed.
- The clarification came amid reports of several businesses being left with huge unsold inventories before the GST implementation.
- But, these items may have undergone price change on account of increase or decrease in tax incidences.
- “The old MRP will have to be necessarily displayed on unsold inventories, and the new rates can be reflected by way of pastable stickers alongside,” Consumer Affairs Secretary Avinash Srivastava said.
via Keeping close watch on price, supply of goods after GST roll-out: Adhia | Business Standard News