Shopkeepers warned against selling goods above MRP
In a bid to protect consumers from overpricing, the National Consumer Commission has issued a warning to shopkeepers. Selling any goods at a price higher than the Maximum Retail Price (MRP) is now considered a punishable offence. The commission has urged consumers to report any instances of overpricing by calling the helpline 1800114000.
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News Summary:
👉Shopkeepers selling goods above MRP face fines up to 5 lakhs and imprisonment for 2 years.
👉National Consumer Commission urges consumers to report overpricing by calling helpline 1800114000.
In an effort to protect consumers from unfair pricing practices, the National Consumer Commission has issued a stern warning to shopkeepers. It has been deemed a punishable offence to sell any goods above the Maximum Retail Price (MRP). This move aims to ensure that consumers are not taken advantage of and are able to purchase products at a fair price. Shopkeepers found guilty of overpricing could face severe penalties.
To enforce this measure, the National Consumer Commission has urged consumers to report any instances of overpricing. Consumers can do so by calling the helpline 1800114000. By taking this step, consumers can play an active role in preventing shopkeepers from engaging in unfair pricing practices.
The penalties for selling goods above the MRP are significant. Shopkeepers found guilty can be fined up to 5 lakhs and may also face imprisonment for a period of 2 years. These penalties serve as a strong deterrent to prevent shopkeepers from exploiting consumers by charging exorbitant prices.
In conclusion, it is essential for shopkeepers to adhere to the prescribed MRP to ensure fair pricing for consumers. The National Consumer Commission’s warning serves as a reminder of the consequences for overpricing and aims to create a more transparent and just marketplace. Consumers are encouraged to report any instances of overpricing to the helpline 1800114000 to help in the fight against unfair pricing practices.
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