A Study of Perception about Goods and Services Tax Implications

Authors

  • Dr. Umed Singh Associate Professor of Commerce Banwari Lal Jindal Suiwala College, Tosham

Keywords:

Concept of GST, Indian Economy, Perception, Transparency

Abstract

Goods and Services Tax (GST) is one of the biggest tax reform in India. It is unified indirect tax comprises of all the indirect taxes such as VAT, Sales tax, Services tax etc. The focus of this study is to determine the impact of GST on common man. GST helps to remove corruption in the country and also erode the black money from the economy. This paper is based on primary data in which a sample of 50 respondents are taken with the help of questionnaire and for data analysis, Frequency distribution and Percentage analysis is used in order to know about the perception of the people towards Goods and Services Tax. Throughout this study it is concluded that majority of respondents aware about new taxation reform and it is also found that GST is adversely affects the small business units. It would be effective only for the society if this is implemented properly.

References

Ehtisham Ahamad and Satya Poddar(2009), “Goods and Service Tax Reforms and Intergovernmental Consideration in India”, “Asia Research Center”,LSE,2009.

• Girish Garg, (2014),“Basic Concepts and Features of Good and Service Tax in India”.

• Nitin Kumar (2014), “Goods and Service Tax in India-A Way Forward”, “Global Journal of Multidisciplinary Studies”, Vol 3, Issue6, May 2014.

• Pinki, Supriya Kamna, Richa Verma(2014), “Good and Service Tax – Panacea For Indirect Tax System In India”, “Tactful Management Research Journal”,Vol2, Issue 10,July2014

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Published

30-06-2022

How to Cite

Dr. Umed Singh. (2022). A Study of Perception about Goods and Services Tax Implications. International Journal for Research Publication and Seminar, 13(2), 356–359. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/614

Issue

Vol. 13 No. 2 (2022): Volume 13 | Issue 2 | 2022

Section

Original Research Article

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Copyright (c) 2022 International Journal for Research Publication and Seminar

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