RAI has acknowledged GST as a game changer for the retail industry. India has long been a country where the benefits of consumption and tax there on were not recognised, either by the central government or by the state governments. The implementation of GST is a positive step in this respect, said the association in a press release.
"Members of RAI deal with a variety of goods and services as they represent various retail formats and segments such as supermarkets and garment retail. Many of them are small and medium enterprises (SMEs) located in various parts of the country. We also have international retailers representing various formats as our members. As businesses in the country move into a new and complex regime, a help desk with seasoned experts on the panel will help extract collective wisdom and ease the move towards GST," said Kumar Rajagopalan, the CEO of RAI.
Members can reach RAI through its website or ask for assistance via email. (KD)
ALCHEMPro News Desk – India
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