An Exploratory Study of Different Variables in Context to GST Implementation and Its Impact on Profitability of the Firm: An Empirical Study Shah Vishvas K*, Dr. Aggarwal Jigar** *Research Scholar, Gujarat University, Ahmedabad, Gujarat **Research Guide, Associate Professor, Accountancy, J. G. Commerce College, Ahmedabad, Gujarat Online published on 19 November, 2021. Abstract In developing countries like India, the taxation system is very crucial role in the development of revenues of the country. But India tax system is difficult to understand and in fact for calculation too in case of both direct tax as well as indirect tax. In order to overcome the problems of the government of India tries to simply the direct tax as well as indirect tax, the government made the proposal of introducing GST (goods and services tax) instead of all indirect taxes and DTC (direct tax code) instead of direct tax. But fortunately GST won the first place in the purview of implementation. The government of India is committed to replace all the indirect taxes levied on the services and goods by state and central government in the month of April 2017. This paper made an attempt to explain the level of impact of this GST (goods and services tax) on the Profitability and taxation strategies of the organisation from the view point of decision makers. Top Keywords Gst, Profitability, Exploratory Factor Analysis, Eign Value. Top |