Private sector opposes mandatory MRP provision
Summary
The private sector in Nepal opposes the government's mandatory MRP labelling provision on all imported and domestic goods, citing practical difficulties and disruptions at customs points leading to decreased revenue collection.
Key Points
- The government mandated mentioning maximum retail price (MRP) on all imported and domestically produced goods starting April 9, 2026.
- This mandatory MRP provision has disrupted customs clearance at Birgunj Customs Office and other entry points, affecting supply chains and revenue collection.
- The Birgunj Chamber of Commerce and Industry criticized the policy for lacking stakeholder consultation and being impractical in Nepal's market context.
- The chamber warns the policy could increase informal trade and demands a committee including private sector participation to reconsider implementation.
