Impact of GST on FMCG Sector in India

Goods and Services Tax (GST) is one of the most significant tax reforms in India that has had a major impact on the Fast-Moving Consumer Goods (FMCG) sector. As an MBA student, I have conducted research on the impact of GST on the FMCG sector in India, with the aim of understanding the implications of this tax reform on the business operations, prices, compliance burden, and challenges faced by FMCG companies. This dissertation report presents the findings of my research, which is based on a survey conducted among 50 FMCG companies operating in India. The report analyzes the responses to the survey questions to identify the key implications of GST on the FMCG sector. The report also provides recommendations for improving the GST regime for the FMCG sector in India. The insights provided in this report are expected to be useful for policymakers, FMCG companies, and other stakeholders in the Indian economy, as they seek to navigate the complexities of GST and its impact on the FMCG sector.