{"id":147502,"date":"2025-09-16T13:43:08","date_gmt":"2025-09-16T13:43:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/147502\/"},"modified":"2025-09-16T13:43:08","modified_gmt":"2025-09-16T13:43:08","slug":"will-prices-drop-even-if-medicine-packs-show-old-mrp-from-september-22-on-gst-cut-business-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/147502\/","title":{"rendered":"Will Prices Drop Even if Medicine Packs Show Old MRP From September\u00a022\u00a0On\u00a0GST\u00a0Cut? | Business News"},"content":{"rendered":"<p>Last Updated:September 16, 2025, 18:08 IST<\/p>\n<p>NPPA clarifies no recall or re-labelling needed for medicines in supply before September 22, 2025, after GST cut.<a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgblu\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-c3a4b7af90a1cd78 lazyload\"\/><img decoding=\"async\" alt=\"News18\" title=\"News18\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/1758030188_747_1627283897_news18_logo-1200x800.jpg\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-2958115313\"\/><\/p>\n<p>News18<\/p>\n<p id=\"0\" class=\"story_para_0\">The National Pharmaceutical Pricing Authority (NPPA) has clarified that medicines and medical devices already in the supply chain before September 22, 2025, will not require recall or re-labelling.<\/p>\n<p id=\"1\" class=\"story_para_1\">Importantly, the NPPA has stated that recalling, re-stickering, or re-labelling packs already released into the market is not mandatory. The key requirement is that manufacturers and marketing companies ensure that the revised prices are applied at the retail level. This move aims to protect consumers from overpaying while avoiding disruption in medicine availability.<\/p>\n<p id=\"2\" class=\"story_para_2\">This comes after the GST council-led by Finance Minister Nirmala Sitharaman announced to cut GST on drugs and devices to 5 per cent from 18 per cent.<\/p>\n<p id=\"3\" class=\"story_para_3\">According to the NPPA, all manufacturers and marketing companies must revise the Maximum Retail Price (MRP) of drugs and formulations, including medical devices, in line with the recent GST reduction. Companies are required to issue revised or supplementary price lists, in Form V or VI, to dealers and retailers. These updated price lists must also be shared with State Drug Controllers and the government to ensure transparency and compliance.<\/p>\n<p id=\"4\" class=\"story_para_4\">In a sweeping reform, the GST Council, led by Finance Minister Nirmala Sitharaman, has approved a sharp overhaul of the Goods and Services Tax (GST) structure. Effective September 22, the system will be simplified into just two main slabs of 5% and 18%, replacing the current 12% and 28% rates, with a special 40% slab for luxury and sin goods. Billed as a \u201chistoric Diwali gift&#8221; for citizens and businesses, the reforms aim to lower the cost of living, boost consumption, and spur economic activity.<\/p>\n<p><img decoding=\"async\" alt=\"Varun Yadav\" title=\"Varun Yadav\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/1758030188_541_WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg\" class=\"jsx-95088aad1b3c53cd\"\/><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\" rel=\"nofollow noopener\" target=\"_blank\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;Read More<\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230; Read More<\/p>\n<p>First Published:<\/p>\n<p>September 16, 2025, 18:07 IST<\/p>\n<p><a href=\"https:\/\/www.news18.com\/\" rel=\"nofollow noopener\" target=\"_blank\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\" rel=\"nofollow noopener\" target=\"_blank\">business<\/a>   Will Prices Drop Even if Medicine Packs Show Old MRP From September\u00a022\u00a0On\u00a0GST\u00a0Cut?Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\" rel=\"nofollow noopener\" target=\"_blank\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\" rel=\"nofollow noopener\" target=\"_blank\">Privacy Policy<\/a>.<\/p>\n<p>Read More<\/p>\n","protected":false},"excerpt":{"rendered":"Last Updated:September 16, 2025, 18:08 IST NPPA clarifies no recall or re-labelling needed for medicines in supply before&hellip;\n","protected":false},"author":2,"featured_media":147503,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[64,63,99652,99653,99648,137,99650,490,99649,8032,99654,99651],"class_list":{"0":"post-147502","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-medication","8":"tag-au","9":"tag-australia","10":"tag-drug-price-revision","11":"tag-gst-council-reforms","12":"tag-gst-reduction-on-medicines","13":"tag-health","14":"tag-medical-devices-gst","15":"tag-medication","16":"tag-nppa-guidelines","17":"tag-pharmaceutical-pricing","18":"tag-retail-price-compliance","19":"tag-revised-mrp"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/147502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=147502"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/147502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/147503"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=147502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=147502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=147502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}