PROJECT NAME:- STUDY AWARENESS OF

GST APPLICATIONS ON CONSUMER

DURABLE PRODUCT
NAME:- MANSI AVINASH KAMBLI
GUIDE NAME:- NAMRATA BHALERAO
CLASS:- T.Y.B.A.F.
SEM:- VI
ROLL NO:- 06
YEAR:- 2023-2024
Introduction
• Good and Services Tax was implemented across the country
from 1st July 2017.
• GST aims to simplify the indirect tax system by replacing
multiple taxes, service tax and value added tax.
• Consumer durables products classified into two parts major
household durables and consumer electronics.
• The GST on consumer durable products in India is currently
set as 28%.
Objective of the study
• To study the concept of GST.
• To evaluate various factors having impact on consumer
durable products.
• To study consumer awareness of GST and its application on
consumer durable products.
• To give suggestions to the study.
Research Methodology
• Sample size can be defined as the total number of
respondents that is to be taken from the population.
• In this research, 71 respondents were taken from public.
• The researcher has collected the data using structured
questionnaire.
• In questionnaire method there are certain sets of questions
which the respondent have to answer.
• The secondary data has been collected from website, Books.
1. Gender
2. Age group
3. Satisfied with current GST slab rate which is imposed on
consumer durable goods.
4. Usually seek information about GST on consumer durable
products.
Findings/Conclusion
• The analysis reveals a lack of clear consensus on the current
GST slab rate for consumer durables.
• The data suggests that there is no clear consensus among
respondents regarding their satisfaction with the current
GST slab rate on consumer durable goods.
• The findings suggest that online platforms are the most
preferred source for obtaining information about GST on
consumer durable products.
• This indicates a strong reliance on digital channels for
accessing GST related information on consumer durables.
Suggestions
• Public awareness: Utilize various media channels to educate
consumers concerning GST, including applicable tax rates
on different consumer durables.
• Retailer collaboration: Partner with retailers to display GST
information on product tags or bills.
• Impact on specific categories: Research the impact of GST
on different consumer durable categories (Electronics
appliances, furniture) to identify potential areas for further
consumer education.
Thank you