Ministry of Textiles issued a notification regarding the fixation of the maximum ex-factory price for the 580gm Type-A & Type-B Jute Bags

Nov 25, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Textiles on November 22, 2024, issued a notification regarding the fixation of the maximum ex-factory price for the 580gm Type-A & Type-B Jute Bags.

The following has been stated: -

•The Jute Commissioner has fixed the maximum ex-factory prices for 580gm 'Type-A' and 'Type-B' B-Twill Sacking Jute Bags for November 2024. 

•The prices are Rs. 102,774 per MT with 10% linkage and Rs. 101,888 per MT without linkage, or Rs. 5,960.88 and Rs. 5,909.49 per 100 bags, respectively. 

•Bags must comply with BIS Specification IS: 16186:2014, with required markings and strength standards. GST is additional to the fixed prices.

The detailed notification is given in the document below.

[Notification No. S.O. 5045(E)]

 


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