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Published
May 23, 2017
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Walmart India conducts workshops on GST for partners

Published
May 23, 2017

Walmart India is conducting series of workshops for supplier partners to help them evaluate their GST compliance levels and prepare for the transition, as it looks to minimize the disruption caused by the new tax structure to be rolled out from July 1, the company said in a release.
 

REUTERS




Under this initiative, structured training programs on the various facets and nuances of GST have been completed in Ludhiana and Hyderabad and were attended by 76 supplier partners, Walmart said.
 
According to the company, several such workshops are being planned in Delhi, UP and Central India over the next few weeks to enable the company's SME supplier partners achieve sustainable growth in the GST era.

""GST is not just a tax reform, it is a whole new way of doing business. With its impending implementation, it is imperative for all businesses, large and small, to get ready to embark on the GST adoption journey. At Walmart India, our teams are working diligently to be 100% GST ready in time and we remain committed to help our partners in the whole process for a win-win and smooth transition to the new tax regime," said Krish Iyer, president and CEO of Walmart India.
 
"As a significant number of our supplier base constitutes of SME and regional suppliers, these workshops are expected to educate them and accelerate their preparation by providing them with a platform to answer queries and concerns. With the Customer at the heart of everything we do, this initiative will ultimately lead to a positive impact on the customer as we emerge with a streamlined process both at the back-end and the front-end,” Iyer further said.
 
The GST Council, the apex decision-making body for the new tax, has fixed the tax framework under the GST which is to be rolled out this July 1. 

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