FMCG dealers reduce stocks before GST rollout; firms expect normalcy by Q2

FMCG

Latest News – FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1.

The companies, however, expect to overcome the transition issues and the stocks to return to normal levels within the second quarter (July-September) of the current fiscal itself.

Marico, Godrej Consumer Products and Dabur said they are helping their trade partners to liquidate current inventory to ensure a smooth (Read More)

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