GST IMPACT ON VARIOUS

SECTORS

INTRODUCTION IN 2014 IT WAS

INTRODUCED AS THE CONSTITUTION(ONE

HUNDERED AND TWENTY TWO)BILL BY LOK SABHA.

THE CONSTITUTION(ONE HUNDERED AND FIRST

AMENDEMENT)ACT-2016 ENACTED BY LOK AND

RAJYA SABHA ON 03&08 AUG RESPECTIVELY.

TAXES INTO A UNIFORM RATE BY 1ST APRIL 2017.

GSTIMPACT

ONVARIOUSSECTORS

REAL ESTATE TECHNOLOGY E-COMMERCE AUTO MOBILES TELECOM MEDIA AIRLINES AND RESTAURANTS

CEMENT ETC.

REDUCTION IN

PROPERTY PRICES.

DECRESING THE COST

OF PROPERTY

TAXES.

IT HAS SEVRAL CENTERS

EACH PARTY HAS TO MAKE INVOICE OF

CONTRACTING SEPERATELY.

TAXES INCRESES FROM 14-15%

TO 18%.

INCREASES THE COST OF

MOBILES AND LAPTOPS

EASY SUPPLY OF GOODS IN

EVRY PART OF COUNTRY.

ELEMINATES THE HIGHER TAXES.

ADIMINSTARTIO-N AND WORK LOAD FOR E-COMMERCE

PUSH UPS THE COST.

ON ROAD PRICES

WILL CUT DOWN TO

8%.

MARUTI,M&M AND

EICHER MOTER ARE

MAJOR BENEFITED

LANDLINE PRICES LIKELY

TO COME DOWN EVEN OUT ACROSS

SATETS.

CALL CHARGES, DATA RATES WILL GO UP IF TAX RATE IN THE

GST REGIME EXCEEDS 15%.

NEGATIVE FOR BHARTI AIRTEL,

IDEA AND RELIANCE COMM.

DTH, FILM PRODUCERS

AND MULTIPLEX PLAYERS BRING MAJOR CHANGE

AND UNIFORMITY IN

BUSINESSES. TAXES COULD GO

DOWN BY 2-4%.

KEY BENEFICIARI

ES

CURRENTLY TAX RANGE BETWEEN 6%

AND 9%., THE RATE WILL INCREASE 15%, IF

NOT 18%, EFFECTIVELY

DOUBLING THE TAX RATE.

IF GST RATES ARE FIXED AT 18-20%

THEN THE OVERALL TAX

INCIDENCE WILL BE LOWER GST IS

EXPECTED TO LEAD TO SAVINGS

IN TRANSPORTATION

COST, WHICH CURRENTLY

COMPRISES UP TO 20-25% OF TOTAL

REVENUE.

KEY BENEFICIARIES

“THROUGH GST ALL BUSINESSES WILL BENEFIT IMMENSELY AND CORRUPTION LEVEL WILL COME DOWN. IT WILL BE EASIER STARTUPS TO EXPAND WINGS TO OTHER STATES AND WOULD HAVE A

CLEAR UNDERSTANDING OF ALL THE TAXES  APPLICABLE”.

“ADDITIONALLY, WITH GST COMING INTO THE PICTURE, THE OVERALL COST OF PROCUREMENT OF GOOD AND RAW MATERIAL WILL GO DOWN.

THE IMPACT WOULD BE INDIRECT, BUT FOR GOOD”.