logistics news

Gear up for supply chain disruption after GST implementation - Mint

In the run-up to the implementation of the Goods and Service Tax (GST), distributors and wholesalers in various sectors could be tempted to de-stock, in a bid to avoid losses on the tax credit front. Since product-wise GST rates will be finalized at the end of June, concerns over potential losses arising from mismatch between tax payout and tax refund once GST is in place, has led to traders reducing stock-in-trade. 

Media reports state that de-stocking has already begun in the pharmaceutical sector, where some stockists have started maintaining low stock levels and some others have begun returning a big chunk of their stocks to companies.

For more details click on Go to link...

Go to link