GST impact: Here are the real winners and losers
1/6
Cigrattes
1. Along with GST rate at 28%, the effective tax would be around 55-60%.
2. Wide range of tax rates prevalent in different states are to be removed.
Stocks to watch: ITC, VST and Godfrey Phillips
2. Wide range of tax rates prevalent in different states are to be removed.
Stocks to watch: ITC, VST and Godfrey Phillips
2/6
White goods
1. ACs, refrigerators and water heaters would attract a higher tax rate.
2. Lower tax to be applied on cookers.
3. Tax slab for sanitary ware, faucets and tiles would be higher at 28% from 18-14%
Stocks to watch: Blue Star, Voltas, Havells, Whirlpool, V-guard, TTK, Prestige, Cera, HSIL, Kajaria and Somany.
2. Lower tax to be applied on cookers.
3. Tax slab for sanitary ware, faucets and tiles would be higher at 28% from 18-14%
Stocks to watch: Blue Star, Voltas, Havells, Whirlpool, V-guard, TTK, Prestige, Cera, HSIL, Kajaria and Somany.
3/6
Fast-moving consumer goods (FMCG)
1. Soaps, toothpaste, hair oil and malted beverages price is likely to fall by 5-6%
2. Detergent, shampoo, skin cream, chocolate prices may go up.
Stocks to watch: Colgate, Pidilite, Godrej Consumer, HUL, Dabur, Nestle, Varun Beverages and Britannia
2. Detergent, shampoo, skin cream, chocolate prices may go up.
Stocks to watch: Colgate, Pidilite, Godrej Consumer, HUL, Dabur, Nestle, Varun Beverages and Britannia
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4/6
Paints
To attract a rate of 28% as opposed to current rate of 24-25%.
Stocks to watch: Asian Paints, Berger, Shalimar, Kansai Nerolac and Akzo Nobel.
Stocks to watch: Asian Paints, Berger, Shalimar, Kansai Nerolac and Akzo Nobel.
5/6
Metals and Mining
1. Duty on coal would be reduced to 5% from the current 12% rate.
Lower prices to attract power producers away from imported coal.
2. Lower tax on metal ore.
Stocks to watch: Coal India, GMDC, JSW Steel, Tata Steel, Hindalco and Vedanta
Lower prices to attract power producers away from imported coal.
2. Lower tax on metal ore.
Stocks to watch: Coal India, GMDC, JSW Steel, Tata Steel, Hindalco and Vedanta
6/6
Telecom and financial services
GST rate of 18% for the telecom may appear higher as against the current service tax rate of 15%.
However, these sectors are likely to derive substantial benefits on the input credit front given the eligibility of credit on the goods, which was not the case under the current regime.
Stocks to watch: Bharti Airtel, Idea, Reliance Communications
However, these sectors are likely to derive substantial benefits on the input credit front given the eligibility of credit on the goods, which was not the case under the current regime.
Stocks to watch: Bharti Airtel, Idea, Reliance Communications