FMCG promotions to rise on GST tweak

Consumer promotions across categories are set to escalate, with a fineprint in the changes made in the law by the Goods and  Services Tax Council easing curbs on distributor and retailer invoicing. Till now, companies were allowed to issue one credit or debit note (in other words receipts which could be offset against future purchases) for each invoice (or bill), which the  GST Council i…