Indian Income Tax
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The Standard of Weights and Measures Act, 1976

Price Tags And Stickers

  1. No manufacturer, packer, wholesales or retail detailer shall sell any packaged commodity at a price exceeding its retail sale price.
  2. Where any tax payable in relation to a packaged commodity is revised, it shall not be sold at a price exceeding the revised retail sale price, communicated by the manufacturer or packer.
  3. The manufacturer or packer shall communicate by at least two advertisements in the newspaper, such price revision - whether increase or decrease of any pre-packed commodity.
  4. The revised retail price shall be charged in relation to packages which were pre-packed in the month in which such tax has been revised or fresh tax has been imposed or in a month following thereto.
  5. Where the revised prices are lower than the price marked on the package, the commodity shall be sold at the revised price irrespective of the month of packing.
  6. The retail sale price of any packed commodity indicated on the package or a label affixed thereto, shall not be obliterated, smuggled or altered by any person.
  7. No additional label should be stuck on a package even with manufacturer's logo or trademark. However, affixing of a price sticker to indicate a retail sale price less than the MRP declared by the manufacturer is not a violation of the Rules, provided that the declaration made by the manufacturer is not obliterated.

The manufacturer or packer shall not alter the price on a wrapper once printed and used for packaging.

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