Mumbai, July 2: The initial pain for the consumer goods sector after the implementation of GST may linger in the first half of this fiscal and any improvement will only be seen from the third quarter. In the run-up to India's largest tax reform, some sectors such as consumer goods and pharmaceuticals have not stocked up on their supplies. Fast moving consumer goods (FMCG) companies such as Dabur have already sounded a word of caution. Some analysts point out that the impact of the disruption on sales and margins could be felt for six months. "GST is likely to result in a near term disruption as this is a massive reform.

Source: The Telegraph July 02, 2017 22:18 UTC