Is Selling Products Above MRP Legal In India?

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You might have come across shopkeepers charging more than the quoted Maximum Retail Prices (MRPs) in the past. If it’s in the city, the shopkeepers usually try to justify the act of overcharging by citing poor margins and high rental prices of their establishments. In remote locations, you’d see shopkeepers blaming the high costs of logistics and low footfall. Whatever…

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Piyush is the Editor at Business Quant. He's worked in the financial domain for several years now, with his work being featured in prominent international financial portals such as CNN Money, Yahoo Finance, Daily Finance etc. His love for financial analysis brought him to BQ.