The recent GST rate rationalization, effective 22 September, is a game-changer for B2C and D2C sectors—FMCG, food & beverages, textiles, footwear, pharma, renewables, and more. With the 12% and 28% slabs scrapped, products are shifting sharply to 5%, 18%, or even 40%, leaving just 15 days for critical decisions. Further, the operationalization of GSTAT, and various recent key decisions by the Courts also signal a maturing tax ecosystem.
This directly impacts:
- Pricing & MRP strategy
- Discounts, Promotional schemes, grammage & dealer margins
- Passing of GST benefits to the customers- mandatory or optional?
- Stock compliance & Marginchanges
- Supply chain, inverted duty structures & credit notes
Speakers:-
- V. Lakshmikumaran, Managing Partner, LKS
- L. Badri Narayanan, Executive Partner, LKS