1. Sectoral Impact : FMCG Goods
Goods and Services Tax
Sectoral Impact : FMCG Goods
Dilip Save

2. 01 02 03 Contents Pre Cursor to Indian GST 1st July 2017
Post Implementation Issues 03
The way forward

3. GST Ecosystem Stakeholders
Tax Authority & Law
Process
IT Systems
Vendor
External
Internal
Client
People

4. Key Processes Order to Cash O2C Procure to Pay P2P Record to Report
R2R
Hire to Retire
H2R

5. Post Implementation Issues
RCM-Purchase from unregistered dealer 1
ISD Vs Branch Billing 4
Area based exemption –
reduction in benefit 2
High Sea Sales- To be considered as a non taxable supply for reversal of credit? 5
High rate of Tax (28%) on several consumer goods 3

6. Post Implementation Issues
Misconception on sale of goods to a non-registered dealer 6
GTA -Availment of credit of tax deposited under RCM on 7th July 9
Carry forward of duty of state excise suffered on Finished goods as on AD 7 10
Sale of goods at discount (near expiry date)
– Tax incidence ? 8

7. Post Implementation Challenges
Internal :
Management of Change
Leveraging supply chain benefits
Collective responsibility for compliance
Investment in training

8. Thank you !
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