The objective of the report is to elaborate on the key impact of GST on the retail sector over the past year and the way forward.
With the advent of GST, the retail sector has undergone a paradigm shift during last one year. From supply chain to promotional strategies, compliances, profiteering etc. GST has impacted nearly every cornerstone of the retail industry. In this backdrop, the said thought leadership attempts to summarise the GST impact on the sector and highlight key GST sectorial imperatives such as use of tax technology, restructuring of supply chain, remodeling of marketing schemes and monitor profiteering.