Oliver Mirza, Managing Director & CEO, Dr. Oetker India, “We are pleased that the much awaited Goods and Services Tax (GST) Bill was passed in Rajya Sabha yesterday and are hopeful of it being implemented by next financial year. The implementation of GST will positively impact the FMCG industry, which is on a growth trajectory. The sector is sure to avail significant benefits in transport, logistics and warehousing apart from other input costs. It will be beneficial not only for the players in the sector but will also have a positive impact on the economy at large. The GST would entail a unified tax regime to increase transparency and fair trade.”
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