Manufacturers and retailers can sell old stock for 3 months after stamping new prices Manufacturers and retailers can stamp new prices on their preGST stock of goods and sell them till end September, the government has said, ending the confusion over the stock that was left unsold on July 1, and checking potential malpractices. But a section of industry was upset that the government had not issued this clarification earlier. “If we would have known this earlier, the industry could have planned the transition better. Retailers would have not have been under pressure to liquidate old stock at almost cost price and primary sales from companies to trade would not have declined the way it did in June,” said Videocon chief operating officer CM Singh. Any increase in maximum retail price (MRP) due to GST on the older inventory will have to be advertised in two national papers, but there is no such requirement if the new MRP is lower, said a notification issued on Tuesday. The government h