Thursday, August 4, 2016

GST IMPACT ON VARIOUS SECTOR

*GST IMPACT ON VARIOUS SECTOR.*
💶💰💶💰💶
1) *BANKS* - Current service tax 15% now after  GST 18% 👉🏽Negative.

2) *CONSUMER STAPLES* current tax rate 22% know after GST it's 18% .
👉🏽Positive for - Asian paints,Dabur,HUL,EMAMI
👉🏽NEGATIVE for ITC & UNITED BEVERIES.

3) *CONSUMER DISCRETIONARY* current 15% after GST 18%
NEGATIVE

4) *MEDIA* - current Tax 15% service tax and 7% entertainment Tax by State's know After GST it will be 18%
POSITIVE

5) *TELECOM* current Tax 15% After GST 18% may see marginal dip in consumption as tax rise from 15% to 18%
NEGATIVE

6) *AUTO INDUSTRIES* current Tax 27% after GST it will be 18% .
POSITIVE

7) *METALS* - current TAX 18% after GST 18% no major impact

8) *CEMENT* - current Tax 27% altogether after GST it will be 18%
POSITIVE.

9) *PHARMA* - current Tax 15% after GST it will be 18% .
NEGATIVE

10) *REAL ESTATE* - 15% to 16% Stamp duty, Current duty approx 7%. NEGATIVE for real estates.

11) *TRANSPORTATION* - majorly benefits to logistics sector no impact of GST
POSITIVE

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