The retail landscape has revolutionized in the past decade with the advent of ecommerce platforms allowing businesses to touch massive numbers of customers daily.
The government's stipulation that GST filers incorporate GSTR 2B data into their GSTR 3B emphasizes the significance of GSTR 2B for effective tax management and working capital optimization.
The pandemic forced businesses to rethink their business models as shutters were dropped on retail stores. The supply chain, too, was disrupted with an idling inventory waiting to be picked up.
Managing and filing GST returns can be a daunting task for businesses. Among the numerous returns required, GSTR 9 and GSTR 9C hold particular significance due to their comprehensive nature.
Recent years have seen a significant evolution in the way D2C (Direct-to-Consumer) brands operate. D2C brands initially focused on selling their products using online channels.