Here's list of stocks that could be impacted by GST

The committee decided to provide a range for the GST rate for various products and services: from 12 percent to 40 percent (the higher rate being applicable for select products such as luxury cars or tobacco products, etc). However, the key revenue neutral rate suggested by the CEA panel stood at 15-15.5 percent. The standard rate for GST stood at 17-18 percent, the rate at which most products would likely be taxed.How would this impact stocks Colgate, HUL, Asian Paints, GSK Cons pay over 10 percent of sales as excise. Colgate, HUL, Asian Paints, GSK Cons can see benefit of higher margins. Branded jewellery may be hit by 2-4 percent tax on precious metals.GST imapck on ITCMorgan Stanley says Demerit rate of 40 percent will be applicable on tobacco products including cigarettes. No details on implementation but see 3 possible outcomes. Postive Imapact30 percent probability of this outcome. Company pays 25-26 percent as state levies on cigarettes (inclisive VAT & entry/exit tax). State levies will be subsumed into SGST of 20 percent. Central excise (specific tax) will be levied in lieu of CGST. Effective tax on cigarettes will be lowered by 5-6 percent. Effective tax on cigarettes could then be offset by 10 percent increase in central excise. Negative Impact20 percent probability of this outcome. Demerit rate of 40 percent levied on cigarettes in addition to existing central excise tax. Effective tax on cigarettes may rise 12-14 percent after adjusting for certain input tax credits. Low probability as it would lead to casdcading effect on taxes.Mint reports GMR Infra looking to divest upto 49 percent stake in airport business. Company holds stake in Delhi, Hyderabad, Cebu airports. Airport business valued at nearly Rs 10,000 crore. Fairfax Finance Holdings & Singapore's Changi Airport International in talks. Can invest nearly Rs 3,200 crore for 30 percent stake. KKR & Company and Apollo Global Management also in the fray. Funds to be used to repay debt and provide exit to PE. Management Says: Group exploring several options. Management says: Airports IPO plans not dropped.BoFA ML view on Bharat Forge is North America truck orders falls by 59 percent in November 2015. Reiterate Underperform with a Target of Rs 740. Nomura view on Bharat Forge is North America Class 8 order inflow down by 59 percent. Lowest level of order inflows since September 2012. Reiterate Neutral with a Target of Rs 852. Essar Oil Fixes floor price for delisting at Rs 146.05/share. Floor price 30 percent below CMP. Board had earlier approved delisting offer on June 22, 2014. Delisting offer would go through only if min 9.2 crore shares are tendered by shareholders. NMDC's April-November iron ore production at 17.5 mt. April-November iron ore sales at 17.72 mt. Lumps: Fine sales in the ratio of 30:70. Pricing w.e.f December 4 is Cut iron ore lump prices by Rs 300/mt to Rs 1,800/mt. Iron ore fines prices set at Rs 1,560/mt.   3i Infotech board meet today to consider debt restructuring. Board to mull conversion of portion of debt into equity/redeemable pref shares. Board to mull longer repayment schedule & revised int rate on debt. Chennai Flood impact on JK Tyre: Operations disrupted due to heavy rains in Tamil Nadu. Operations at Tamil Nadu plant disrupted for 8 shifts. Total loss of production at 700 tonnes. No damage to plant and machinery. Damage covered under insurance policy.The other stocks in news are: Ambuja Cements and LIC housing finance.