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In early July, India impliemnted the Goods and Services tax (GST) on packaged food. Implementation of this new tax has effectively resulted in consumption of some packaged food products taking a hit due to higher taxation.
With the introduction of this new tax structure on packaged food in India, there is likely to be a lasting impact on both businesses and the economy alike.
DOWNLOAD THE STRATEGY BRIEFING PREVIEW TO LEARN:
How GST impacts the entire supply chain through to end-consumer
What impact GST will have on various packaged food categories
How GST will effect the Indian economy