A study on level of awareness on gst (a study with special reference to puducherry)

Abstract

Global experience shows that GST serves as a best tax system that contributes towards the revenue generating activities of the government; which might be one of the possible reason for being implemented in India. As implementation of GST is getting momentum in India. This study is attempts to investigate the level of awareness on GST in the city Puducherry among the selected traders based on convenient sampling of fifty respondents mostly general traders, with the help of a structured questionnaire. The findings of this study reveals that the level of awareness among the respondent on GST is still relatively low may be due to lack of adequate information on GST and its important features like input tax credit, refund, penalty etc. It is thus immediate necessary for the government to create mass awareness among the citizens and provide better and clear Knowledge on GST to enhance their knowledge and level of awareness in order to gain public confidence and achieve mass participation in new tax system.