Goods and Service Tax is dynamic and legitimate step taken in the Indian tax reforms structure which has helped every industry and every business and service sector, as well this is also helped the government departments and the other sectors including the intermediate, exporters and importers. Everyone whether person is consumer or professional or basic normal shopkeeper also impacted by the goods and service tax. GST has provided a roundabout taxation assessment system in India and providing the assessment Framework which is easy and comfortable. It proposed various favourable circumstances of expenses adjustments and help in decreasing the fake charges and provided simplicity in working of State Government and Central Government together. This is how it will work and it turns to be a very perfect system of indirect taxation even for the manufacturing sector. The manufacturing sector in India contributes around 16% of total GDP. There exists a possibility to make a very high development in this manufacturing sector, considered one of the highest GDP sectors. The make in India program of hon’ble Prime Minister Mr. Narendra Modi has make it a very genuine effort by offering GST as the driving force. A report of PWC has suggested that in India the GST will help to make it the 5th biggest manufacturing country soon among the world countries. Goods and Service Tax is undoubtedly approaches for providing changes that create the foundation for manufacturing sector. The study has been directed with intention to finding out those factors which could have an impact on Goods and Service Tax on the financial performance of the manufacturing sector. In the current scenario and today's business world price of any product is vital and protuberant factor for the success of any business.

Keywords: Manufacturing, Professional, Importers, Economy, International, Taxation, Service.