PRICE REVISION NOTIFICATION
[Company Letterhead]
Date: [DD/MM/YYYY]
To,
[Recipient Name]
[Client Company Name]
[Client Address]
Subject: Revision in prices with effect from [Effective Date]
Dear [Mr./Ms. Recipient Name],
We value your continued patronage of [Company Name]. We write to inform you that, owing to [Reason — e.g., rise in raw-material and input costs / statutory changes], we are compelled to revise the prices of [Product/Service].
The revised rates, as detailed in the enclosed schedule, will take effect from [Effective Date]. Orders confirmed and paid before this date will be honoured at the existing rates.
We have kept the increase to the minimum and remain committed to delivering the quality and service you expect. We thank you for your understanding and continued support.
[Your Name]
[Designation], [Company Name]