SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 09 Nov, 2021  

Rupee.9.Thmb.jpg Prices per unit to be printed on pre-packaged goods now

Rupee.9.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
SME Times News Bureau | 09 Nov, 2021
Manufacturers will now need to indicate per unit sale price - for instance, cost per kg or per litre - on pre-packed commodities that will allow easier comparison of the prices at the time of purchase for the consumer.

This is being done to safeguard the interest of consumers, according to the Department of Consumer Affairs under the Ministry of Consumer Affairs, Food and Public Distribution.

The Ministry has decided to omit Rule 5 of the Legal Metrology (Packaged Commodities), Rules 2011 defining the Schedule II prescribing the pack sizes of various types of commodities.

Earlier, the month and year in which the commodity is manufactured or pre-packed or imported was required to be mentioned in the package.

But now, removing the ambiguity, the declaration will be required for the month and year in which the commodity is manufactured for the pre-packed commodities, a Ministry release said.

The provisions of declarations of MRP too, has been simplified by removing illustration and providing for making the mandatory declaration of MRP in Indian currency, inclusive of all taxes.

This has allowed the manufacturer/packer/importer to declare the MRP on the pre-packed commodities in a simplified manner, it said.

Another change is about rules for declaring the commodities sold in pre-packed commodities in numbers. This has been eased out for reducing the compliance burden for manufacturer/importer/packer, the government said.

As against earlier such declarations wherein it could be denoted as 'N' or 'U' only, the quantities now can be expressed in terms of the number or unit or piece or pair or set or such other word, which represents the quantity in the package. This will remove the ambiguity of declaration of quantity sold by number in pre-packed commodities, the release added.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter