GST has an impact on every facet of the business operations which requires a ‘whole of business’ approach to ensure a smooth transition
During the GST implementation in the FMCG and retail sector the biggest challenge has been the effective rate of tax. While GST was expected to simplify taxation and bring uniformity, the different tax rate slabs and higher rates for consumer durables led to an increase in the cost of some items of mass consumption.
This lead to a technical and operation challenges for organisations that called for a re-engineering of infrastructure and IT Systems to align with the GST Provisions
Therefore, Its necessary to closely evaluate the complexity of each aspect and devise action plans and transitional roadmaps to deal with the same.
Transformance presents India’s 1st Taxation Digital Masterclass for the FMCG Community “GST FMCG 2020” on
23rd May @3pm
The Digital Master class on “GST FMCG 2020” would focus on the following aspects:
Who should attend
Chief, VP, Directors and Head of FMCG & Retail Industry:
Rs. 1,000 + Taxes