Impact of Goods and Services Tax Bill on the Indian Economy

Shokeen, Seema; Banwari, Vijeta; Singh, Pooja

doi:10.17010/ijf/2017/v11i7/116568

Cited by 6 publications

(2 citation statements)

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“…These large warehouses were split and rented to many companies (predominantly the FMCG sector). GST has also significantly impacted the Indian supply chain recently, mainly on the truck transport logistics (Shokeen et al ., 2017). Studies have suggested that with the GST and the dismantling of state border checks, the truck turnaround has been reduced by 20% ( Dhar and Khandelwal, 2022).…”

Section: Introductionmentioning

confidence: 99%

An optimization model for the downstream supply chain network, considering consolidated warehouses and the selection of transportation mode

Mishra,

Dutta,

Gottipalli

2023

IJPPM

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PurposeThe supply chain (SC) of the fast-moving consumer goods (FMCG) sector in India witnessed a significant change soon after introducing the Goods and Services Tax (GST). With the initiation of this tax, companies started moving from individual state-wise warehouses to consolidation warehouses model to save costs. This paper proposes a model that frames a mathematical formulation to optimize the distribution network in the downstream SC by considering the complexities of multi-product lines, multi-transport modes and consolidated warehouses.Design/methodology/approachThe model is designed as mixed-integer linear programming (MILP), and an algorithm is developed that works on the feedback loop mechanism. It optimizes the transportation and warehouses rental costs simultaneously with impact analysis.FindingsTotal cost is primarily influenced by the critical factor transportation price rather than the warehouse rent. The choice of warehouses at prime locations was a trade-off between a lower distribution cost and higher rent tariffs.Research limitations/implicationsThe study enables FMCG firms to plan their downstream SC efficiently and to be in line with the recent trend of consolidation of warehouses. The study will help SC managers solve complexities such as multi-product categories, truck selection and consolidation warehouse selection problems and find the optimum value for each.Originality/valueThe issues addressed in the proposed work are transporting products with different sizes and weights, selecting consolidated warehouses, selecting suitable vehicles for transportation and optimizing distance in the distribution network by considering consolidated warehouses.

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Section: Introductionmentioning

confidence: 99%

An optimization model for the downstream supply chain network, considering consolidated warehouses and the selection of transportation mode

Mishra,

Dutta,

Gottipalli

2023

IJPPM

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“…This has been recognized as significant over time and has contributed to strengthening their overall processes in the preparation and improvement of the various logistics and transport sectors. GST has had a substantial impact on truck transport logistics to run an ethical supply chain (Shokeen et al, 2017). Multiple studies have been conducted, and it has been found that after dismantling of the border checkpoint, turnaround trucks have been reduced by 20% (Singhraul & Garwal, 2017; Vadavadagi, 2019; Venkadasalam, 2014).…”

Section: Introductionmentioning

confidence: 99%

Impact of Goods and Services Tax on Supply Chain Management

Dhar

Khandelwal

2021

Business Perspectives and Research

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Companies prefer to have their warehouses run in each state before goods and services tax (GST), but after GST whole supply chain phenomenon have changed. The purpose of this study is to address the impact of GST and then see how it affects the wider supply chain management sector. For this conceptual model is adapted and modified from Porter’s value chain model in current GST context. Online convenience sampling survey of 519 respondents from Indian companies which comprised eight different subsectors has been conducted. Partial least square structural equation modeling technique has been used to analyze the data. Findings reveal the empirical significant impact of inbound logistics, supply chain operations and outbound logistics on productivity with GST scenario. In addition, results also established on the moderating role of GST environment on all these direct relationship. This study enriches the knowledge of supply chain operations with the arousal of new tax system GST in India. This research helps managers to understand this new tax system in a better way so that they can adopt this system for enhancing their business performance.

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