Maximum Retail Price
Legal definition for Indian law research
Definition
Maximum retail price, means the maximum price fixed by an entity at which the petroleum, petroleum products and natural gas may be sold to the retail consumers and includes all taxes, cess and levies local or otherwise and freight or commission payable to the dealers. [The Petroleum and Natural Gas Regulatory Board Act, 2006, s. 2(n)]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.