Walmart India, a wholly-owned subsidiary of US-based leading multinational corporation Walmart Stores Inc., recently held training sessions for its small- and medium-sized enterprises (SME) supplier partners to make them aware about Goods and Services Tax (GST) and its calculation.
At least 76 supplier partners were intimated about various facets and nuances of GST in the workshops conducted in Ludhiana and Hyderabad.
Several such workshops are being planned in New Delhi, Uttar Pradesh and central India over the next few weeks to enable the retailer’s SME supplier partners achieve sustainable growth in the GST era.
“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,” Krish Iyer, President and Chief Executive Officer, Walmart India was quoted as saying in the statement.
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Walmart India currently owns and operates 21 wholesale stores in nine states across India.