GST & Supply Chain - A Match Made In Heaven - Abishake, IIM Lucknow
There was a lot of hoopla around the introduction of GST bill in parliament recently. GST in simpler terms is a value added tax that will replace all the other existing indirect taxes. Currently, a product being transferred entails an excise duty, VAT, central sales tax and octroi in some cases as well. With implementation of GST, the cascading effect will be eliminated. Let us study the impact of implementation of GST on supply chain:







