Philips is profiteering

See attached images. Philips was selling juicer hr 1832/00 for MRP 7495 before july 27.

Even now the mrp is same. This amounts to profiteering by philips. Attached screen shots of both retail and online stores.

I hope action is taken. more  

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Philips is a good brand if you want quality pay for it, prices of other commodities have gone up and hence every company needs to get a piece of the pie not only the government who keeps collecting GST for every item sold in the market... nothing but Gangster Surcharge Tax.... Question the government first then the companies will fall in place... Government funds are being misused for trips for various ministers including the Prime Minister massive amounts on inaugurations free travel by Air India ruining the company.... A Civil Uprising is needed stop going after the small fry.. Philips is just a drop in the ocean. more  
That is why Philips market share for such products are less then 5%, you can get Brand B almost half the cost of Philips. Philips out sources the manufacturing of these products. more  
Now a days the company takes the sales figure from the dealers that how many are sold & how many are in stock of the distributer now comes the distributer who tell the dealer that he has the product with the old MRP & he will bill the same at the new leeser price with the Same sticker so the dealer buys additional stocks to profiter .Here the distributer also should be penalised .The company also knows it. more  
The consumer is least concerned about the change in the Price tag. If it is sold at higher rate, then it is covered under profiteerings and action should be taken. more  
Hello its true that there is chaos in market for not reducing prices, but we must understand the process, before naming any agency. As we know company bills its distributors and dealers, who in turn sales to the consumers. Now company cannot bill to dealer at wrong tax rates, and changing MRP can happen only on goods leaving company premises after the GST rate change. So the goods already billed by any company, prior to the GST rate change, are still with the channel of distributors and dealers, who are suppose to sale at reduced GST rate, but they make excuses and try to push old stock at same old rates, without passing the benefit to consumer. First this is We need to check if the dealer has given bill to consumer with correct GST rates on not Second we need to insist on dealer to sale at reduced price sue to reduction in GST rates, or bring it to the notice of concerned company, through social media. In most case its not company, but channel partners who are taking advantage, and hence must be taken up accordingly JAGO GRAHAK JAGO more  
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