GST Rate On Life-Saving Drugs And Other Pharma

  • By Jainey Sheth, Communications, RetailerShakti.
  • April 14, 2023

The implementation of GST on the pharmaceutical industry and the supply of medicines across India has led to four tax rates being applied on the same, i.e, Nil 5%, 12 %, and 18 % respectively applied to human blood and derivations from it along with all kinds of contraceptives. The highest rate of GST applied to medicine is 18%. This percentage is applied to those medicines that consist of nico [...]

Tips to start a Retail Business

  • RetailerShakti
  • March 23, 2023

Want to start a retail enterprise? You've got a great ideas. Have you found a wholesale distributor for your brick and mortar retail business?

Starting a business is never easy. Retail stores are no exception to this fact. Want to ensure that your store gets a good start? Read on to know what to consider while opening a retail shop.

 

Understand Your Industr [...]

Choose the Right Wholesale Platform for Your Retail Shop

  • RetailerShakti
  • March 23, 2023

Finally, you have decided to procure the goods for your retail shop online. Congrats, you have taken a good decision. Now you need to figure out from whom you will source the products. You are probably facing a dilemma on choosing the most suitable wholesale e-commerce platform. It is certainly a critical decision as it affects timely product delivery to customers, pricing, wide selection and p [...]