Impact of GST On FMCG (Hindustan Unliver Limited)

Abstract

The introduction of the Goods and Services Tax (GST) in India brought a major shift in the country’s indirect tax structure by replacing multiple state and central taxes with a single unified tax system. This study focuses on understanding the impact of GST on the Fast-Moving Consumer Goods (FMCG) sector, one of India’s largest and most rapidly growing industries. The research highlights how GST has influenced pricing, supply chain operations, tax compliance, and overall business performance within the sector. While the new tax structure has helped reduce the burden of cascading taxes and improved logistics efficiency, many FMCG companies faced initial challenges related to compliance, technical issues, and adaptation. Overall, the study finds that GST has created a more transparent and organized tax environment that supports growth, competitiveness, and long-term benefits for companies as well as consumers.