top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

In which year, the Maximum Retail Price (MRP) on all packaged commodities was introduced in India ?

+1 vote
155 views
In which year, the Maximum Retail Price (MRP) on all packaged commodities was introduced in India ?
posted Aug 4, 2015 by Harshita Dhaliwal

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

+1 vote
 
Best answer

1990

What is maximum retail price
In India under the Weights and Measures (Packaged Commodities) Rules, all packed goods should carry certain essential information on the contents of the package, such as its weight or volume, the name and address of the manufacturer, the date of manufacture, and in case of food packages, the best before date and, of course, the maximum retail price (MRP). Retailer can not sell the item more then MRP under any condition however he is free to sell at the lower price as per wish.

MRP Law
The maximum retail price (MRP) printed on all packaged commodities that consumers purchase was introduced in 1990 by the Ministry of Civil Supplies, Department of Legal Metrology, by making an amendment to the Standards of Weights and Measures Act (Packaged Commodities’ Rules) (1976).

answer Aug 13, 2015 by Salil Agrawal
Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...