Record Details

Awareness and Understanding of GST among Indian Consumers: An Empirical Study

VISION: Journal of Indian Taxation

View Archive Info
 
 
Field Value
 
Title Awareness and Understanding of GST among Indian Consumers: An Empirical Study
 
Creator Gupta, Lovleen
Agarwal, Akash
 
Subject Goods and Services Tax (GST); Reliability analysis; Consumer; India.
 
Description The Goods and Services Tax (GST), India's biggest tax reform since Independence emerged as a game changer and seems to be the masterstroke for economic alignment. The 122nd Constitutional amendment made it possible to introduce new tax regime to fix the gaps in the existing system which is estimated to make an incremental growth of 2% in GDP. In order to investigate the success and effectiveness of the GST, the present research work explores the level of understanding, awareness and acceptance of GST among Indian consumer. Furthermore, the article also investigates the GST effect on spending behaviour of public at large. The primary data was collected from 312 respondents using random sampling from different parts of the country but only 200 responses were found fit for the study. The result shows that consumers, by and large, are acquainted with the GST structure. Moreover, study also reveals that no significant correlation exists between GST tax structure and spending behaviour of respondents.
 
Publisher Journal Press India
 
Date 2018-04-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.myresearchjournals.com/index.php/VISION/article/view/11777
10.17492/vision.v4i02.11777
 
Source VISION : Journal of Indian Taxation; Vol 4, No 02 (2018)
2347-4475
 
Language eng
 
Relation http://www.myresearchjournals.com/index.php/VISION/article/view/11777/11179
 
Rights Copyright (c) 2018 Journal of Indian Taxation