How GST will affect FMCG sector in India

With the introduction of GST, Fast Moving Consumer Goods (FMCG) sector is likely to get the huge benefits from it. The quick moving FMCG sector of India includes more than 50 percent of the nourishment and drink industry and another 30 percent from individual and household care products, along covering the whole rural as well as urban parts of the nation. Reports say that this sector contributes a noteworthy USD 6.5 billion in the arena of direct and indirect taxes. In India, GST is supposed to bring a uniform tax regime across the nation and supposed to change the Indian market into one basic market giving more options to work together and save resources wasted on transportation Read More..


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