International Taxation and GST Effects on India’s Foreign Trade and Investments 6th and 7th February, 2020

1. STUDY ON THE
INDUSTRIAL IMPACT
OF GST
International Taxation and GST Effects on India’s Foreign Trade and Investments
6th and 7th February, 2020

2. INTRODUCTION
01
OBJECTIVE
02
METHODOLOGY
03
FINDINGS
04
CONTENTS

3. INTRODUCTION

4. TAX REFORMS
Sir James
Wilson
Income Tax
Act 1961
GST
1860 1918 1922 1962 2016

5. WHY TAX
Everybody is obliged by law to pay taxes; Tax payment is not optional
1. To provide basic facilities for every citizen of the
country
2. To finance multiple governments
3. Protection of the life

6. TAX SLABS OF GST
5%
Plates and cups made of
flowers, leaves and bark.
Supplies of Railways
wagons & coaches
(without refund of
accumulated ITC).
Diamond Job work
18%
Caffeinated Beverages.
Outdoor Catering
(without ITC). Hotels
(Room Tariff from Rs
1,001 to Rs 7,500),
28%
Hotels (Room Tariff of
Rs.7501 or above).
Automobile sector
12%
Wet grinders (consisting
of stone as a grinder).
GST

7. OBJECTIVE

8. OBJECTIVE
Name Here
Manager
Name Here
Director
Name Here
Programmer
Name Here
Designer
The study is centred across to aspects:
1. To understand how efficiently and transparent is the implementation of GST
(satisfaction factor)
2. To understand the impact on the sales of the industry

9. METHODOLOGY

10. HOW WE STUDIED
• Sample size: 50nos
• Industry analysed:
1. Automobile industry (28%)
2. Hotel industry (18%)
• 25 Samples from each industry
• Formal questionnaire was passed
• Evaluated upon Likert Scale

11. FINDINGS

12. Satisfaction to GST - Automobile
Frequency Percent
Valid
Percent
Cumulative
Percent
Valid Disagree 1 4.0 4.0 4.0
Neutral 8 32.0 32.0 36.0
Agree 14 56.0 56.0 92.0
S. Agree 2 8.0 8.0 100.0
Total 25 100.0 100.0
Satisfaction to GST - Hotels
Frequency Percent
Valid
Percent
Cumulative
Percent
Valid Disagree 1 4.0 4.0 4.0
Neutral 11 44.0 44.0 48.0
Agree 12 48.0 48.0 96.0
Disagree 1 4.0 4.0 100.0
Total 25 100.0 100.0

13. Sales- Automobile
Frequency Percent
Valid
Percent
Cumulative
Percent
Valid S. Disagree
2 8.0 8.0 8.0
Disagree 10 40.0 40.0 48.0
Neutral 13 52.0 52.0 100.0
Total 25 100.0 100.0
Sales - Hotels
Frequency Percent Valid Percent
Cumulative
Percent
Valid Neutral 13 52.0 52.0 52.0
Agree 12 48.0 48.0 100.0
Total 25 100.0 100.0

14. Will GST improve economy? - Hotels
Frequency Percent
Valid
Percent
Cumulative
Percent
Valid Disagree 1 4.0 4.0 4.0
Neutral 13 52.0 52.0 56.0
Agree 7 28.0 28.0 84.0
S. Agree 4 16.0 16.0 100.0
Total 25 100.0 100.0
Will GST improve economy? - Automobile
Frequency Percent
Valid
Percent
Cumulative
Percent
Valid Neutral 5 20.0 20.0 20.0
Agree 14 56.0 56.0 76.0
S. Agree 6 24.0 24.0 100.0
Total 25 100.0 100.0

15. THANK YOU