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GST

How has the retail sector fared with the implementation of GST

GST is much more than just a tax reform. It’s a whole new way of conducting business. It’s been over a month now of the GST implementation and it has enveloped more than 6 million businesses across industries and...

GST to enable brand licensing industry to grow in India

The implementation of Goods and Services Tax (GST) will enable brand licensing industry to grow in India and also allow retail industry to start respecting intellectual property rights, an official said on Sunday. "Modern retail would unlock itself because of...

18 pc GST on food takeaway from non-AC area at AC restaurant

A uniform GST rate of 18 per cent will be charged on takeaways as well as food served from a non-AC area of a hotel or restaurant if any of its part has a facility of air conditioning, the...

GST and its impact on creating global benchmark in supply chain management

While manufacturing in India is set to grow at a CAGR of 13.5 per cent, the country is still far behind in terms of supply chain management. Various estimates suggest that logistics cost in India is 2-3 times in...

How GST is helpful for the Indian beauty industry

Ever since the Goods & Services Tax (GST) got implemented, its effects on different sectors across India became a much talked about matter among both industries and the common people. While some sectors such as the consumer durables and...

Destocking due to GST hits Emami's revenue in June quarter

FMCG major Emami Limited on Wednesday said significant destocking due to implementation of the Goods and Services Tax (GST) and inventory correction along with the geopolitical condition in the international markets have impacted its revenue in April-June quarter. Its consolidated...

GST has not impacted consumer offtake; price cuts to drive sales, says HUL

FMCG major Hindustan Unilever (HUL) said the new tax regime of goods and services tax (GST) has not impacted the consumer offtake and expects the price cuts undertaken by it to drive sales. "I don't think GST has impacted the...

Funding and investments in Indian fashion

The fashion and lifestyle sector in India has shaped up rather well since the turn of the new millennium. People today are as fashion-conscious as any celeb or a socialite, and this has resulted in increased fashion spending across...

Pre-GST sales war: Who performed better?

The Goods and Service Tax (GST) rollout from July 1, 2017 ushered in pre-GST sales as many retailers anticipated a higher tax rate under the new system. CashKaro.com, India’s largest cashback and coupons website, dug up some information to...

Eateries should pass the benefit of GST to consumers: Hasmukh Adhia

Restaurants, hotels and eateries should cut rates on food items in their menu to reflect the benefit of being able to set off tax paid on inputs under GST, Revenue Secretary Hasmukh Adhia said. According to a PTI report: He...
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Pepe Jeans eyes smart technology solutions to improve CX: Satish Karunakaran

Satish Karunakaran, Director, Transformation sheds light on the denim brand’s future tech implementations, approaches to data handling, security initiatives,...
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