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"
- FCIK Calls on Government to Grant Power and VAT Amnesties for Industrial Units
- Transfer Pricing and GST: Understanding Related Party Transactions and Arm’s Length Principle in India
- GST Exemption on Insurance: Has 18% Tax Cut Reduced Premiums for Policyholders? Government Responds
- GST on Mining Lease Royalty: Classification, Applicable Rate, and Reverse Charge Mechanism Clarified
- CESTAT: Software Preloaded in Imported Hardware Includible in Customs Value, No Penalty on Wipro
