Government Eases MRP Labeling for Imported Goods Amidst Business Concerns
Summary
The Nepal government has eased the mandatory Maximum Retail Price (MRP) labeling requirement for imported goods, allowing clearance upon self-declaration to resolve longstanding business concerns.
Key Points
- The government has eased the MRP labeling requirement for imported goods, allowing self-declaration at customs clearance.
- Customs Department instructed all offices to implement MRP self-declaration to facilitate smooth clearance.
- Businesses opposed the initial mandatory MRP labeling at customs citing practical challenges.
- The Consumer Protection Act 2075 BS mandates detailed labeling including MRP, causing tension with strict government enforcement.
