Impact of GST on B power projects pvt ltd

GST is seen as the single most important tax reform initiative in India since independence. It is expected to provide a significant boost to investment and growth of the economy. The objective of the research paper is to forecast the effect of GST on the company once it is implemented by Government of India. Causal effect was used to forecast the effect of GST on the company. We analyzed the current tax structure which company has to follow and compared it with the expected tax structure which the company will have to follow once GST is implemented by Government of India. From the comparison it was concluded that the tax expenses of the company while selling of gensets will reduce by 40% approximately. But in the process of GST implementation, B Gensets Pvt. Ltd might lose its entity as currently it tries to save tax for the customers and provide convenience to them. The company cannot afford to lose B Gensets Pvt. Ltd as in the market B Gensets is a bigger brand than B Power or B Energy. To overcome this effect the company need to plan out some strategies for its survival.