Fast Moving Consumer Goods (FMCG) is one of the most important sectors in the Indian market. The FMCG sector operates in non-durable products with short to medium term shelf life which is generally of lower value. Examples include milk and milk products, rice and pulses, vegetables and fruits, soaps and shampoos, perfumes and deodorants, etc. The FMCG sector was one of the biggest beneficiaries with the introduction of GST in India. The E-Way bill was introduced in 2018 to enable the smooth movement of goods for inter-state and intra-state supplies. In this article, we will discuss the impact of E-Way Bill on the FMCG sector.
Source: mastersindia.co
Latest Posts in "India"
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes
