Wednesday 3 August 2016

GST IMPACT ON VARIOUS SECTOR. 1) BANKS - Current service tax 15% ,after GST 18% Negative. 2) CONSUMER STAPLES current tax rate 22% now 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 for Jubilant Food works,Coffe Day ,& Restaurant Businesses. 4)MEDIA - current Tax 15% service tax and 7% entertainment Tax by States After GST it will be 18% POSITIVE for DISH TV, VIDEOCON D2H, BIG TV, 5) TELECOM current Tax 15% After GST 18% may see marginal dip in consumption as tax rise from 15% to 18% 6)AUTO INDUSTRIES current Tax 27% after GST it will be 18% . POSITIVE for M&M, MARUTI,BAJAJ AUTO , EICHER MOTORS,ASHOK LEYLAND . 7)METALS - current TAX 18% after GST 18% no major impact 8) CEMENT - current Tax 27% altogether after GST it will be 18% POSITIVE for Ultra tech cement,shree cement,ambuja cement etc. 9) PHARMA - current Tax 15% after GST it will be 18% . NEGATIVE for Pharma companies. 10) REAL ESTATE - 15% to 16% Stamp duty so no major impact on REAL ESTATE companies. 11) LOGISTICS - majorly benefits to logistics sector no impact of GST POSITIVE for - Container Corp, GATI etc...!

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