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Author Topic: Price stickers on books  (Read 2016 times)

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Offline rahul goyal

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Price stickers on books
« on: November 12, 2013, 05:35:44 AM »
we are a book seller, we purchase books from trend setters publication in newdelhi for books prescribed in schools. recently when we got the consignment from company which has books labelled with price stickers. It was old stock books which had not changed but company had put New MRP sticker on the previous printed price and sold us and now our school has refused to make payment on Sticker price. we are stuck in the same as trend setters company is refusing to accept payment on old price and saying that being manufacture it can change price any time but parents of school refused to make payment of books a t stickers price and forced school to sell at actual printed price. please advise whether old price books can be changed at revised rate with stickers by the manufacturer?

Offline advarjun

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Re: Price stickers on books
« Reply #1 on: November 12, 2013, 07:58:47 AM »
Unfortunately in India the price regulation act namely the mrp act gives great freedom to price determination of products to the manufacturer. Thus on the face of it u can do very little
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