Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about intimation regarding revision in Maximum Retail Price (MRP) of Rail Neer (1000 ml and 500 ml) bottles pursuant to reduction in GST on Packaged Drinking Water (PDW) from 18% to 5%.
IRCTC · price
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IRCTC has informed the stock exchange about a revision in the Maximum Retail Price (MRP) of its Rail Neer water bottles in 1000 ml and 500 ml pack sizes. The price revision follows a cut in the GST rate on Packaged Drinking Water (PDW) from 18% to 5%. This means the company is passing on the benefit of lower taxation to end consumers through reduced MRPs. Rail Neer is IRCTC's in-house packaged drinking water brand sold at railway stations and through other channels.
Lower MRP could drive higher volumes for Rail Neer due to improved affordability, but per-unit realisations will dip. Margin impact depends on whether IRCTC passes on the full GST benefit or retains some of it.