GST

FMCG major Dabur said GST will leave a short-term adverse impact on its sales and profits due to destocking at trade channels but the tax reform will be beneficial in the 'medium-to-long run'. According to a PTI report: However, the...

FMCG major Nestlé India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in. There has been considerable reduction in GST...

Future Retail has resolved the margins issue with almost 80 per cent of its suppliers, including FMCG major HUL, under the new GST regime. According to a PTI report: The companies have agreed to pass on the pre GST margins...

Even as garments above Rs 1,000 per piece will attract a 12 per cent tax rate once the Goods and Services Tax (GST) is rolled out from July 1, shoppers need not fret as, in the long run, there...

India’s leading e-commerce giant, Amazon.in has announced the setting up of 16 ‘GST Cafés’ across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process. In line with Amazon.in’s continuous efforts to...

The Government's move to defer implementation of TDS and TCS provisions under the upcoming GST regime will ease pressure of cash flow for small businesses on e-commerce platforms, leading e-tailer Amazon said. According to PTI report: E-commerce players like Flipkart,...

Industry stalwarts share their views on how the retail industry will perform in the aftermath of GST roll-out and how the industry is gearing to face the initial hiccups arising from its implementation. What are retailers and producers doing to...

Walmart will be benefited by the Goods and Services Tax (GST) which will be a win-win situation for all, the American retail giant's top official in India said as the landmark tax reform measure is all set to be...

With less than 10 days to go for the biggest indirect tax reform to take effect, retailers are rushing to clear their stocks by offering huge discounts ranging from around 30 per cent to 60 per cent. Retailers said the...

Days before the rollout of the landmark GST, the Government has sought to dispel the notion that the new tax regime will be cumbersome and compliance-heavy, saying taxpayers need to file only one return every month, similar to what...