BIZ

MRP fixed on several imported items

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A gazette notification has been issued yesterday (1) imposing a Maximum Retail Price (MRP) on five types of imported items.

Accordingly, fixed prices have been introduced on pre-packaged goods of confectionery, chocolates, biscuits, cakes and soap.

In addition to the Maximum Retail Price, it has been made compulsory to have the name and the registered address of the importer on packaging in English at the point of entry to the Country.

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