The Oracle Retail Localization - India Requirements for Retail white paper is comprehensive enablement material that describes retail-related legislation and common business practices in India. It contains the description of all transactions that can occur in a retail business along with the related obligations in terms of tax and reporting. The paper also documents the common business practice requirements around Multiple Maximum Retail Price (MMRP) and its implications. As legislation is changing rapidly in India, the paper additionally documents recent developments for the Global Sales Tax (GST) reform which is currently in progress.
To read more about Oracle's considerations of retail-related requirements in India, be sure to visit Document 1989828.1 in My Oracle Support.