Search results for: GST impact

Iron Handicraft industry, which exports products to foreign countries and earns foreign currencies in crores, is in dilemma after Goods and Services implementation as due to various anomalies in IGST and GST, they are suffering from an economic slowdown.

The goods and service tax impact on ceramic tiles is basically neither too much high nor completely relaxed. Somany Ceramics Ltd.

Alappuzha is the famous tourist place and according to tourism department data, more than 60,000 Indian tourists have been to Alappuzha for a visit in last season. The backwater tourism industry is suffering due to new indirect tax provisions which had shattered the hospitality industry heavily

The positive and negative impacts of the implementation of the Goods & Services Tax in India are visible in almost every major business sector of the country.

Goods and services tax has been proving a mixed concentration for the Indian business industries as from the time of implementation, its effects are widely known to be a combination of both good and bad.

The economy has slowed down due to demonetization and GST implementation. The impacts can be seen on the business of many companies, but, it didn’t affect the market of khadi.

GST or Goods and Services Tax System has been finally implemented in the country from 1st July 2017. Excluding SUVs and large cars, Indian Automobile industry mostly benefited after the implementation of the new tax regime as there has been a significant reduction in the prices of the new cars across all segments in the GST regime

The equivocation in rates on some products under Goods and services tax (GST) is making the natural Rubber industry to go down. Here are the reasons impacting the rubber industry:

Goods and services tax has a direct effect on the exports of India as many of the revenue subjects are associated with the industry.