The Ministry of Commerce, Manufacturing, Business Development, Cooperatives and Consumer Affairs wishes to inform the general public that effective October 23rd, 2023 until August 1st, 2025, sanitary napkins will be price-controlled.
This action became necessary after an impact study conducted by the Consumer Affairs Department revealed that the prices of these essential items did not reflect the expected 12.5% reduction in Value Added Tax implemented by the Government of Saint Lucia from August 2nd, 2023.
Consequently, the Cabinet of Ministers approved an amendment to the Price Control Order to add sanitary napkins to the list of price-controlled items and further approved a maximum wholesale mark-up of 30% and a maximum retail mark-up of 35% on these items.
The Consumer Affairs Department will continue to provide guidance to the business community to ensure compliance and invites consumers to contact the Department at 468-4239 or 468-4226, should you have any queries.
SOURCE: Ministry of Commerce, Manufacturing, Business Development, Cooperatives and Consumer Affairs