Inventory Management

Need of Inventory Management

 

Inventory is one of the most valuable assets of a company. Inventory management is a part of supply chain management, deals with the management of inventory and stock items.  Actually inventory management oversees the flow of goods from producers to warehouses and from there to retailers or point of sale. The need of inventory management is to save significant amounts of money and reduce waste, while maximizing the ability to provide customers with products in a timely manner.

 

 

 

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Section 1 of UTGST Act 2017       

Section 172 of CGST Act, 2017 Removal of difficulties

Section 170 Rounding off of tax, CGST Act, 2017

Sec 168 of CGST Act, 2017 Power to issue instructions or directions          

Section 163 of CGST Act, 2017 Levy of fee            

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Section 156 Persons deemed to be public servants, CGST Act, 2017         

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E way Bill decision taken by 26th GST Council on 10th March

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