The Executive District Officer (EDO) Revenue Hyderabad in his statement has informed that the Revenue Officers, having special judicial powers, have recovered total fine of Rs 14,200 from 12 shopkeepers on account of charging high prices on essential commodities under Price Control and Prevention of Profiteering and Hoarding Act 1977 on Monday.
The EDO Revenue further warned to shopkeepers to sell the essential items as per fixed rates, failing which their act will be treated as offence punishable with imprisonment of term which may extend to three years and with fine may be extended to Rs 100,000 under the prevailing law.