Institutional consumers such as airways, educational entities, hotels, hospitals or any other service establishment, which buy packaged commodities in bulk for their own use from manufacturers or wholesalers, cannot sell them as a retailer. As per the new rules notified by the consumer affairs ministry , all such products will bear a declaration of "not for retail sale".
Moreover, it mentions that there cannot be dual maximum retail price (MRP) for the same product by the same manufacturer. "Unless otherwise specifically provided under any other law, no manufacturer or packer or importer shall declare different MRPs on the identical pre-packaged commodity by adopting restrictive trade practices or unfair trade practices under Consumer Protection Act," the new rules say.....................Read more
Source: The Economic Times
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