MoCF extends the validity of Capping the trade

Jul 02, 2022 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The Ministry of Chemicals and Fertilizers (MoCF) on June 30, 2022 has issued Notification regarding capping the trade margin of Oxygen Concentrators at first point of sale (price to distributor) for fixation of Maximum Retail Price of the product.

The following has been stated namely: -

• The validity of Capping the trade margin of Oxygen Concentrator at first point of sale (price to distributor) is extended from June 30, 2022 to December 31, 2022 or till further order, whichever is earlier.

[Notification No. S.O. 2983]

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