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A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India

Yogesh Garg1 , Neeta Anand2

Section:Research Paper, Product Type: Journal Paper
Volume-7 , Issue-6 , Page no. 110-114, Jun-2019

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v7i6.110114

Online published on Jun 30, 2019

Copyright © Yogesh Garg, Neeta Anand . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: Yogesh Garg, Neeta Anand, “A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India,” International Journal of Computer Sciences and Engineering, Vol.7, Issue.6, pp.110-114, 2019.

MLA Style Citation: Yogesh Garg, Neeta Anand "A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India." International Journal of Computer Sciences and Engineering 7.6 (2019): 110-114.

APA Style Citation: Yogesh Garg, Neeta Anand, (2019). A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India. International Journal of Computer Sciences and Engineering, 7(6), 110-114.

BibTex Style Citation:
@article{Garg_2019,
author = {Yogesh Garg, Neeta Anand},
title = {A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {6 2019},
volume = {7},
Issue = {6},
month = {6},
year = {2019},
issn = {2347-2693},
pages = {110-114},
url = {https://www.ijcseonline.org/full_paper_view.php?paper_id=4516},
doi = {https://doi.org/10.26438/ijcse/v7i6.110114}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v7i6.110114}
UR - https://www.ijcseonline.org/full_paper_view.php?paper_id=4516
TI - A Study on GST & Its Impact on Pricing of Carpets & Floorings Industry in India
T2 - International Journal of Computer Sciences and Engineering
AU - Yogesh Garg, Neeta Anand
PY - 2019
DA - 2019/06/30
PB - IJCSE, Indore, INDIA
SP - 110-114
IS - 6
VL - 7
SN - 2347-2693
ER -

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Abstract

The implementation of GST in India was considered to be major tax reform, since Independence. The research paper focuses on the impact of goods & service tax on the pricing of Indian carpet & flooring industry. The GST has not only provide full set off for input tax but also abolish the burden of several existing taxes viz Central Excise Tax, VAT/Sales Tax, Service tax etc. There was fear among the contributors of tax that the cost of goods might go up, harassment would be more and so on. This study is an attempt to examine the pre and post GST regime and, the pros and cons of old as well as the new tax system on the pricing of carpet & flooring industry. There are mixed opinion & response among the manufacturers & traders of carpet industry. Therefore, it is an attempt to compare past tax structure and current GST regime in India.

Key-Words / Index Term

GST, Cascading effect, Excise duty VAT, Carpets, Floorings

References

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