Ahead of the implementation of GST rate cuts on September 22, Hyderabad retailers are caught in confusion. Retailers and shopkeepers say they have no clarity on how or when the revised prices will actually reach their shelves.
At least half a dozen shop owners that The Hindu spoke to said they are not aware about how the new MRPs are to be implemented.
“We have not received any revised price list or new MRPs from the companies. Until then, we will continue to sell the stock at current prices. Maybe by mid-October things will be regularised,” said Sandeep, a general store owner in Trimulgherry’s Lal Bazaar.
In Sindhi Colony, another shopkeeper pointed to the printed labels on packets stacked in his store. “Why should we sell at a loss when the MRP is clearly printed? Nobody has told us anything,” he said.
A chain-store owner with medical-cum-utility outlets across the city described the situation as “confusion at every level”. Some companies, he said, had even stopped supply, waiting to push fresh consignments with new MRPs. “We don’t know what to do with existing stock. Should it be sold on the old MRP or at reduced rates? Everyone is waiting for clarity,” he said.
