Govt extends deadline

Govt has extended the deadline to sell pre-GST goods by 3 months till Dec 31 this year. The decision came after companies & CAIT, the retailers body, highlighted that they were still left with huge unsold stocks of pre-GST goods & needed more time to clear that. Under the GST, stocks as on 30th of June with mandatory MRP labeling could be sold only up to Sept 30 by pasting new MRP stickers.

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