10 Sep 2025: The new GST rules have made goods cheaper for customers, but companies were facing difficulties due to their old stock. Now, the government has provided a solution. The government has announced that companies can mark their old stock with the new GST rates—whether by sticker, stamp, or online printing.
Conditions Must Be Followed
The government has clarified that while applying the new price, the old price must also be clearly visible. The new rate cannot be written in a way that covers the old rate. This rule applies only to packaged goods whose sales have been affected due to changes in GST rates.
Customers Must Be Informed
Along with marking the new rate, companies must inform the public. This requires placing advertisements in at least two newspapers. Additionally, central government departments, state governments, and retail shopkeepers must also be notified.
Deadline Extended from 22 September to 31 December
Earlier, companies were allowed to apply the new rate on old stock until 22 September. Due to the short time frame, the deadline has now been extended to 31 December 2025. This decision will particularly benefit companies that had already prepared large stock for the festive season.
Benefit for Everyone
This decision will benefit both customers and companies. Customers will get goods at lower prices, while companies can sell their old stock without incurring losses. This step will also help maintain vibrancy in the market during the festive season.
Summary: The government announced GST exemptions for selling old stock, allowing companies to apply revised tax rates until December 31, easing compliance and financial planning for businesses.