Goods and Services Tax - the upcoming revolutionary tax reform will bring unparalleled changes across all industries. As a market leader in enterprise applications - SAP is ready to empower businesses with customized industry specific solutions ensuring a smooth GST implementation.
- Retail /E-com /FMCG GST is expected to benefit the Retail and FMCG sectors due to the efficiency released from supply chain consolidation.
- Transportation / Warehousing / Logistics GST will bring in consolidation of storage and redistribution of transportation volumes.
- Discrete Manufacturing / Auto GST will enable strategic inventory placement, achieving higher customer SLAs
- Professional Services GST is expected to lead to increased taxation on services sector, leading to services becoming more expensive.
- Chemicals and Pharma These sectors are likely to gain immensely from the supply chain efficiencies that will be enabled by GST.
- Metals and Mining GST is expected to increase taxation on
these sectors, the impact of which will need to be absorbed by
manufacturers, so as to maintain a balance for consumers.
The Alpha and The Omega of GST
This whitepaper help you demystify GST, outlines the
impact of GST on various business processes and help you understand how
solutions like SAP S/4HANA can help you in getting compliant on GST and
simplify your Business Transformation journey.
Simplify Your Transition
The upcoming GST roll-out has generated a lot of fear,
uncertainty and doubt in the market. Read on to understand SAP’s
simplified approach to getting GST compliant.
Ensure Zero Disruption
Tax Migration of business processes and IT systems is a
complex journey because of the risk of business disruption and
efficiency loss. Read further to find out about SAP’s solutions to
minimize this risk.
Get Future Ready
GST is not just about legal compliance, it is also an
opportunity for Indian businesses to reduce costs and improve
profitability. Learn how SAP helps you to get ready for the GST change,
and benefit most from this reform.
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