Impact of the Goods and Services Tax (GST) on the Fast-moving Consumer Goods (FMCG) Industry
Abstract
In this study, we examine the impact of the goods and servicestax (GST) on fast-moving consumer goods (FMCG). As a result of the GST implementation in many countries, their taxation structures and business operations have changed significantly. A variety of aspects of the FMCG industry will be examined in this study, including supply chain management, pricing strategies, consumer behavior, and market competitiveness. After conducting a comprehensive literature review, qualitative and quantitative data are collected and analyzed in this study. In addition to providing recommendations for policymakers and industry stakeholders, this study provides valuable insight into the challenges and opportunities the FMCG industry faces as a result of GST.
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