Inflated MRP: Inputs on Issues

Below are some of the key issues outlined by some of the members in regards to inflated MRPs. This pertains to certain category of products where the average sales prices is much lower than the MRP published on the product itself. If you have additional inputs on this matter, kindly share the same. If you have pictures of product and the receipt highlighting the variation, you are welcome to share that as a new post with the receipts attached.

We look forward to your inputs on this issue.

Dept of Consumer Affairs

Inflated MRP issues as raised by consumers

1. Some manufacturers tend to print inflated MRPs on their products and then offer discounts
2. In some cases, retailers demand that manufacturers print higher MRP so that they could rake in more profits
3. Many products with high MRPs are sold at a much lower cost in the market
4. Many consumers who are caught unaware are charged MRP on such products
5. Products like fire crackers, sanitary ware, hardware, electronic items like mobile phones, washing machines, apparel, etc. are some products which are sold at a much lower price than the MRP
6. Some vendors also give a discount on the inflated MRP and then charge a tax on the discounted price which is an unethical practice
7. There is limited government intervention to set up pricing mechanism
8. Traders at times cover the MRP printed on the items with stickers carrying a higher MRP. more  

View all 102 comments Below 102 comments
1. Still many product sell with different MRP in different location (mall/Airport/hotel/Restaurant/ shop).
2. Most of the e-Commerce site dint display MRP on their site.
3. MRP is not available for Train ticket/Air Ticket/Bus ticket.
4. MRP calculation should be shared with GOVT. more  
All Hardware items - Like - Furniture Fittings ( Locks/Aldraps/door Stopper and all similar items used in House Hold Furniture making) the MRPs are much more than actual Price ( about 60% discount- items are available) more  
Mostly wheat Flour (Atta) company mentioned high MRP on packing. Retailer selling on mentioned MRP or after giving some discount on MRP. more  
The system of defining MRP is itself includes the provision for bribery and market fluctuations. See the link reply on Quora by Mr Kamal Gupta: It seems that there is no regulatory agency for MRP.... Very unfortunate...... Needs attention .... more  
Especially the Mrs. On medicines is too misleading as the chemists offer up to 70% rebate in certain cases. more  
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