Open Access   Article Go Back

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.

View this paper at   Google Scholar | DPI Digital Library

XML View
PDF Download

How to Cite this Paper

  • IEEE Citation
  • MLA Citation
  • APA Citation
  • BibTex Citation
  • RIS Citation

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 -

VIEWS PDF XML
431 375 downloads 230 downloads
  
  
           

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

[1]. Nayyar, A., & Singh, I. (2018). A Comprehensive Analysis of Goods and Services Tax (GST) in India. Indian Journal of Finance, 12(2), 57-71.
[2]. Tandon, N., & Tandon, D. Analytics of Goods And Services Taxation (GST) Enigma In India–Prospects, implications & Rollout.
[3]. Kumar, A. (2017). Goods and Service Tax in India-Problems and Prospects. International Journal in Management & Social Science, 5(7), 488-495.
[4]. Shanti. S & Murty, A.V.N (2019). | International Journal of Innovative Technology and Exploring Engineering(TM),8(7), 409-413.
[5]. Manoj, S. (2019). Goods and Services Tax (GST) in India–An Overview and impact. Advances in Management, 12(1), 59-61.
[6]. Vasanthagopal, R. (2011). GST in India: A Big Leap in the Indirect Taxation System. International Journal of Trade, Economics and Finance, 2(2), 144.
[7]. Kuruvilla, R. R., Harikumar, P. N., & Alex, L. (2018). A Study on the Implications of GST in Jewellery Business. Asian Journal of Managerial Science, 7(3), 34-36.
[8]. Kumar, N. (2014). Goods and Services Tax in India: A way forward. Global Journal of Multidisciplinary Studies, 3(6).
[9]. http://www.handicrafts.nic.in/
[10]. https://www.ibef.org/exports/carpet-industry-in-india.aspx
[11]. http://www.gstgovt.in
[12]. http://www.cbic.gov.in/resources//htdocs-cbec/gst/01032019-GST
[13]. http://www.cepc.co.in/