Getting the trade to align with GST is a challenge: Emami CFO

Naresh Bhansali adds that building awareness among trade partners will be important

As with most consumer goods companies, Emami, a Kolkata-based FMCG major, is gearing up for the goods & services tax (GST), to commence on July 1. NARESH BHANSALI, its chief financial officer, talks to Viveat Susan Pinto on the preparations. Edited excerpts:

What changes have been introduced in your organisation in the run-up to GST?

GST preparedness is an ongoing process, something we began about a year ago. The point is to understand the impact of this new tax regime on business. 

This is the most critical part of the exercise of transiting to the new system. Everything else will fall in place