Business
Manufacturers Need Not Change Price Stickers On Unsold Goods Made Before Sept 22: Govt
 "Manufacturers Need Not Change Price Stickers On Unsold Goods Made Before Sept 22: Govt")
New Delhi: Providing a big relief to manufacturers, the Centre has withdrawn the need to change price stickers on unsold goods made before September 22, following the revision in Goods and Services Tax (GST) rates.
In a notification dated September 18, issued by the Weights and Measures Unit, under the Ministry of Consumer Affairs, Food and Public Distribution, the government clarified that manufacturers, packers, and importers will not be required to affix revised price stickers on unsold pre-packaged goods manufactured before September 22, following the revision in Goods and Services Tax (GST) rates.
This follows representations from industry bodies and trade associations, who flagged compliance challenges arising from earlier guidelines. “After considering the concerns of the industry and in supersession of earlier advisory dated 09.09.2025, the Central Government, has decided to allow such manufacturers/ packers/ importers/ their representatives who may like to voluntarily affix additional revised price sticker, on unsold packages manufactured before 22nd September, 2025 and are lying with them, provided the original price declaration on the package is not obstructed,” the notification read.
“In this context, it is underlined that extant Rules do not mandate affixing revised price sticker by manufacturer/packer/ importer/ their representatives on unsold packages manufactured before 22nd September, 2025 and are lying with them,” it added.
Instead of advertising in newspapers, the manufacturers can now notify wholesalers and retailers. Companies must inform consumers about revised prices through various channels. Earlier, the ministry had stated that the companies may, if they wish, voluntarily affix additional revised price stickers on unsold packages manufactured before September 22, provided the original price declaration is not obscured.
Meanwhile, the government has also relaxed Rule 18(3) of the Legal Metrology (Packaged Commodities) Rules, 2011, which earlier required companies to issue advertisements in two newspapers announcing revised prices.
Instead, manufacturers and importers will now only need to circulate price change notifications to wholesalers and retailers, with copies sent to the Director of Legal Metrology at the Centre and Controllers of Legal Metrology in all states and union territories.
The government further clarified that any unused packaging material or wrappers printed with old MRPs may be used until March 31, 2026, or until stocks are exhausted, whichever is earlier, provided corrections to the retail sale price are made using stamping, stickers, or online printing.
Welcoming the move, Rajiv Nath, Forum Coordinator, Association of Indian Medical Device Industry (AiMeD), called it a timely response. “We are very thankful to the empathetic and timely response by the Department of Consumer Affairs in granting us manufacturers permission to sell existing stocks of finished goods and unused packaging materials with old MRP wherever stickering or online inkjet printing could not be feasible,” Nath said.
“Without this clarity and permission, the dispatches ex-Factory/ warehouses would have come to a standstill, and all manufacturers were worried,” he added.
 "GST Rate Cuts On 11 Bengal-Specific Items Will Boost State’s Economy: Sitharaman")
Kate JusticeHagley and
Tanya GuptaWest Midlands
BBCA small business owner has had to close her shop and go into liquidation because of rising costs and a fall in customer spending.
Rachel Edmonds, who started The Butcheress in Hagley, Worcestershire, in 2017, and is known for her bright pink vans and logos, said the price of meat had doubled in the past six months, and at the same time, the average spend per customer had dropped dramatically.
She said increased energy and National Insurance costs meant she had been making a loss for months and she called on the government for more support for small businesses.
A Treasury spokesman said the government was pro-business and trying to create a fairer business rates system.
Ms Edmonds said: “Buying trends have changed. The expensive products like beef, lamb, fillet steak – we used to sell a lot of those. They’re now buying sausages, bacon, chicken fillets, chicken thigh meat and gammon steaks.
“They are lower cost products that obviously feed more of a family and fill them up.”
She said the average basket spend had gone from £28.30 per customer to £5 or £6 per customer and the number of customers had also dropped.
‘Rising costs’
People were going to supermarkets because they had cheaper products, she added.
Ms Edmonds said the cost of beef had “more than doubled in the last six months”, adding: “I just think there’s a massive effect on the meat industry at the moment with the rising costs of meat that’s rising every week.”
She said the industry was suffering because of a number of factors, including supply shortages involving British farmers and British meat, abattoirs operating for fewer days, high costs of abattoir licences, staffing costs, transport costs, packaging costs and feed costs for animals.
“Everything is going up and it’s getting out of control,” she said.
She said she had paid out wages that were more than half her weekly turnover, and electricity was £3,000 a month for a small shop.
“How is anyone going to survive going forward? We need help from the government,” she said.
“I’m not going to be the first person to shut and I certainly won’t be the last.”
A Treasury spokesman said: “We are a pro-business government that is creating a fairer business rates system to protect the high street, support investment, and level the playing field.”
He said the government intended to permanently introduce lower tax rates for retail, hospitality, and leisure properties from next year.
He added that last year’s tax decisions had delivered on “priorities of the British people, from investing in the NHS to cutting waiting lists and putting more money in their pockets”.
Business
Adani Power, Adani Green: Adani Stocks Soar Up To 9% As SEBI Dismisses Hindenburg Allegations
Last Updated:
News18
Adani Group stocks, including Adani Enterprises, Adani Green Energy, Adani Power, and Adani Ports & SEZ, rallied as much as 9% in Friday’s session after the Securities and Exchange Board of India (SEBI) dismissed allegations by US-based short-seller Hindenburg Research. The regulator said that while related-party transactions through entities such as Adicorp, Milestone, and Rehvar did take place, they were fully disclosed and complied with existing regulations.
September 19, 2025, 09:53 IST
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Business
‘India & China are ancient civilisations’: Russia slams Trump tariffs; warns threat won’t work – The Times of India
Russia slammed US tariff threats against India and China, calling them “ancient civilisations” and claiming that threat to them “won’t work,” and that both the nations are unlikely to bow down to ultimatums.Speaking on Russia’s main Channel 1 TV programme “The Great Game,” Foreign minister Sergei Lavrov said, “Both China and India are ancient civilisations. And talking to them like ‘either you stop doing what I don’t like or I’ll impose tariffs on you’ won’t work. And the ongoing contacts between Beijing and Washington, between New Delhi and Washington, show that the American side understands it, too.”The comments came against the backdrop of escalating US criticism of India for continuing to import oil from Moscow despite the ongoing Russia-Ukraine war.The Donald Trump administration recently hiked tariffs on Indian goods from 25% on August 7 to 50% by August 27, directly citing New Delhi’s oil purchases from Moscow.Lavrov pointed out that US trade threats have forced countries like India and China to look for “new markets, new sources of energy supplies” and pay higher costs.“Besides the fact that this undermines the economic well-being of those countries, it at least creates very serious difficulties for them, forcing them to seek new markets, new sources of energy supplies, (and) forcing them to pay higher prices,” he said.“But beyond this, and perhaps even more importantly than this, there is a moral and political opposition to this approach,” he added.
Trump: Close ties but tough measures
During his recent state visit to Britain, Trump struck a contradictory tone, stressing his personal ties with Prime Minister Narendra Modi even as he defended sanctions on India.“When I found out that the European nations were buying oil from Russia, I am very close to India and to the PM of India, I wished him a happy birthday the other day, we have a very good relationship, but I sanctioned them (India),” he said.“If the price of oil comes down, Putin will have no choice but to drop out of that war,” he added. He further argued that India’s continued energy trade with Moscow was “not playing fair with the US.”White House trade adviser Peter Navarro echoed this hard line, branding India the “maharaja of tariffs” and accusing Indian refiners of “profiteering” by working closely with Russian suppliers after the invasion. “Indian refiners were in bed with Russian refiners immediately after the invasion. They make money off us via unfair trade and many workers get screwed. They use that money to buy Russian oil, and Russians use that to buy weapons,” Navarro alleged.
Lavrov dismisses Russia sanctions
Lavrov, however, dismissed concerns over new rounds of sanctions, saying Russia had already adapted to such measures. “Frankly speaking, I don’t see any problem with the new sanctions imposed on Russia. An enormous amount of sanctions, unprecedented for that period, were imposed during President Donald Trump’s first term,” Lavrov said.Reflecting on the broader trajectory of US policy, he added, “We have started to draw conclusions from the situation when the West imposed these sanctions. Later, during President Joe Biden’s term, sanctions were used as a replacement for any diplomatic effort. There was no search for a compromise.”Despite tensions, India and the US have been in talks for an interim trade deal over the past few months. But with tariffs rising and geopolitical pressures mounting, both New Delhi and Beijing continue to assert their independent paths, reinforced by Moscow’s backing.
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