• P Vikas Kumar
• PARVATHY V K

The Gems and Jewellery sector plays an important role in the Indian economy, wherein it contributes around 7 per cent to the country’s GDP and 15 per cent to India’s total merchandise exports. GST was introduced in India on 1st of July, 2017 which meant tax on Gold was increased to 3%. It was expected that there would be a negative market reaction but, it turned out to be a positive market reaction. The 3% tax rate was viewed as more manageable and will ensure greater compliance by small and independent retailers. The current research focuses on knowing whether there is any impact of GST on Jewellery Industry or not. The study used paired sample T test to know whether there is an impact of GST or not on Jewellery Industry by doing pre and post study of Gold Prices and top 5 companies (Rajesh Exports, PC Jeweller, Renaissance Jewellery Limited, Tribhovandas and Goldiam International Ltd.) in terms of their market capitalization as on 24th January 2019. The period of the study includes 6 days (short-term), 14 days (short-term) and 308 days (Long term).

GST, Gold Prices, Jewellery Industry

"A STUDY ON IMPACT OF GST ON JEWELLERY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.55-60, June-2019, Available :http://www.jetir.org/papers/JETIRCK06007.pdf

"A STUDY ON IMPACT OF GST ON JEWELLERY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp55-60, June-2019, Available at : http://www.jetir.org/papers/JETIRCK06007.pdf