1922 B.com B.com Batchno 43
1922 B.com B.com Batchno 43
1922 B.com B.com Batchno 43
BACHELOR OF COMMERCE
By
ABITHA.A.E
39740045
BACHELOR OF COMMERCE
(DEEMED TO BE UNIVERSITY}
Accredited with Grade “A” by NAAC I 12B Status by UGC I Approved by AICTE
JEPPIAAR NAGAR, RAJIV GANDHI SALAI, CHENNAI – 600 11
SCHOOL OF MANAGEMENT STUDIES
BONAFIDE CERTIFICATE
This is to certify that this Project Report is the bona fide work of ABITHA.A.E
(39740045) who has done the Project work entitled A STUDY ON IMPACT OF
IMPLEMENTATION OF GST AMONG RETAILERS under my supervision from
December 2020 to February 2021.
Dr. M .SUDHA
PAULIN
INTERNAL GUIDE
Dr. BHUVANESWARI G.
DATE:
ABITHA.A.E
Abstract
Good and services Tax (GST) Act has radically reshaped Indian
economy. This Act has been considered as a biggest indirect tax
amended so far which was long anticipated and certainly guarantee to
create independent platform for all goods and services offered in India.
The objective of this study is to analyse the significant effect of GST
system in Retailers business with reference to Coimbatore District.
Presumably, GST system have created uneasiness among various
sectors in Indian economy. The case of retail sector is predominant
effect as it generate wide employment opportunities in rural and urban
sector and also enables large volume of transactions. As per global
scenario, India is considered to be highest in terms of per capita retail
space and the fifth largest preferred retail destination. The rapid growth
of retail sector has made a way for GST era to move forward and it is an
important discussion across several division. However, India’s vibrant
retail sector is based on Compound Annual Growth Rate(CAGR). The
real challenges faced by the retailers in the present GST system will be
sourced through this study and suggested for better integration of State
economies and boost overall growth.
TABLE OF CONTENTS
ABSTRACT i
LIST OF TABLES ii
LIST OF CHARTS ii
1 INTRODUCTION 1
1.1Introduction 2
1.4 retailing 4
1.5 Types 6
1.10 Limitations 8
5.3 Conclusion 41
REFERENCES 42
WEBSITES 43
APPENDIX – I (Questionnaire) 44
LIST OF TABLE
5.1 Summary 35
5.2 Finding 36
LIST OF CHART
5.1 Summary 35
5.2 Finding 36
INTERPRETATION:
The above table shows that age wise distribution of sample
respondents. It says that 35% the respondents are belonging to the age group of
between 25 to 35. And 28% of the respondents are belonging to the age group of
between 45 to 55. The 7% of the respondent are belonging to the age group of
above 55.
1
1.1 INTRODUCTION
The Goods and Services Tax (GST), the biggest reform in India’s
indirect tax structure since the economy began to be opened up 25 years ago,
at last looks set to become reality. The Constitution (122nd) Amendment Bill
finally got the nod of Rajya Sabha. Government successfully stitching together a
political consensus on the GST Bill, to pave the way for much awaited roll out of
the landmark tax reform that will create a common market of 1.25 billion people.
GST will be a game changing reform for Indian economy by developing a
common Indian market and reducing the cascading effect of tax on the cost of
goods and services. It will impact the Tax Structure, Tax Incidence, Tax
Computation, Tax Payment, Compliance, Credit Utilization and Reporting
leading to a complete overhaul of the current indirect tax system. Law, provide
for compensation100% to States for any loss of revenues arising on account of
GST, for a period which may extend to five years, based on the
recommendations of the GST Council Here, every tax payer will be issued a 15-
digit common identification number which will be called as “Goods & Service
Tax Identification Number” (GSTIN) a PAN based number.
2
IMPACT OF IMPLEMENTATION OF GST
AMONG RETAILERS
Customs
3
Central Surcharge and Cess
Purchase Tax
Luxury Tax
4
GOODS AND SERVICE TAX (GST)
Under the GST regime, the tax will be levied at every point of
sale. In case of interstate sales, Central GST and State GST will be
charged. Intrastate sales will be charged to Integrated GST.
5
o Removing cascading tax effect.
o Lesser compliances.
6
o
RETAILING
7
TYPES;
8
DOLLAR STORES: It offer selected products at extremely
low rates but here the prices are fixed.
TEXTILES
9
The raw material may be natural, or synthetic using products of
the chemical industry.
HOTEL
MEDICAL SHOP
A store that sells health care products and medicines. Customer can buy
both over-the-counter and prescription medication at a drug store. It is
not uncommon for drug store to carry other frequently used household
products and merchandise.
It is a retail shop which provides prescription drugs, among other
products. At the pharmacy, a pharmacist oversees the fulfilment of
medical prescription and is available to give advice on their offering of
over-the-counter drugs. A typical pharmacy would be in the commercial
area of a community.
10
JEWELLERY
12
1.4. SCOPE OF THE STUDY
So that it will ensure that GST have positive impact in the retail sector.
Because of GST will avoids the cascading effect as the tax is calculated
only on the value add at each stage of transfer of ownership. GST is one
indirect tax for the entire country.
1.10 LIMITATIONS
➢
The study is based on sampling method. So sampling error may
bound to occur.
➢
Due to lack of time, money and resources, the sample size limited
to 60 respondents.
➢
The respondents may be biased in providing information.
➢
The study is limited to Medavakkam taluk.
➢
The sample size may not be represented the target population of
the study.
13
CHAPTER – 2
REVIEW OF LITERATURE
14
2.1 REVIEW OF LITERATURE
Reviews of related literature forms an integral part of any
research study. A careful scanning of the illiterate studies on related
studies will help for clearing the background for present study.
➢
PINKI, SUPRIYA KAMMA AND RICHA VERMA (JULY 2014)
➢
AGOGO MAWULI (MAY 2014)
➢ Studied, “Goods and Service Tax- An Appraisal” and found that GST
is not good for low- income countries and does not provide broad
based growth to poor countries. If still thee countries want to
implement GST, then the rate of GST should be less than 10% for
growth.
➢
NITIN KUMAR (2014)
➢
NISHITHA GUPTHA (2014)
15
➢
In her study stated that implementation of GST in the Indian
framework will lead to commercial benefit which were untouched by
the VAT system and would essentially lead to economic development
a collective gain for industry, trade, agriculture and common
consumers a well as for the Central and State government
➢
. JAIPRAKASH (2014)
➢ In his research study mentioned that the GST at the Central and the
State level are expected to give more relief to industry, trade,
agriculture and consumers through a more comprehensive and wider
coverage of input tax set-off and service tax set-off, subsuming of
several taxes in the GST and phasing out of GST. Responses of
industry and also of trade have been indeed encouraging. Thus GST
offers us the best opinion to broaden our tax base and we should not
miss this opportunity to introduce it when the circumstances are quite
favourable and economy is enjoying steady growth with only mid
inflation.
➢
16
➢
SARAVANAN VENKADASALAM (2014)
➢ Has analysed the post effect of the goods and service tax (GST) on
the national growth on ASEAN states using Least Squares Dummy
Variable Model (LSDVM) in his research paper. He stated that seven
of ten ASEAN nations are already implementing the GST. He also
suggested that the household final consumption expenditure and
general government consumption expenditure are positively
significantly related to the gross domestic product as require and
support the economic theories. But the effect of the post GST differs
in countries.
17
➢
HUANG (2013)
➢ The author examines the relation between the newly introduced GST
in Australia in 2000 and the mortgage costs between 1999 and 2001.
The study concludes that given that in Australia financial services
industry is taxed on input taxation basis i.e. the output mortgage
service not liable to GST and GST paid on input services to provide
these mortgage services are also not allowed. This extra cost of sunk
input tax is passed in the form of increased mortgage costs to
customers making housing costly post introduction of GST in
Australia.
➢
NEW ZEALAND GOVERNMENT (2012)
➢ The author has traced the GST and import duties applicable on the
various imports into New Zealand. The paper discusses not only the
goods on which duty is payable but also whether further GST is
payable on the same goods. The paper also discusses the
applicability of the taxes on the goods ordered and delivered through
internet. The paper also discusses various exemption available like
personal effects to the import taxation.
➢
DR. R. VASANTHAGOPAL (2011)
18
➢
EHTISHAM AHMED AND SATYA PODDAR (2009)
19
CHAPTER 3
RESEARCH METHADOLOGY
20
3.1 RESEARCH METHADOLOGY
1.5. HYPOTHESIS
➢
H0: There is no significant relationship between the educational
status and the awareness level about GST of retailers.
➢
H1: There is a significant relationship between the educational
status and the awareness level about GST of retailers.
➢
H0: There is no significant relationship between the different
sectors and the
impact of GST on turnover, cost of production, and price of
goods.
➢
H1: There is a significant relationship between the different sectors
and the impact of GST on turnover, cost of production, and price of
goods.
DESCRIPTIVE RESEARCH
SAMPLE DESIGN
CONVENIENCE SAMPLING
POPULATION
•
SAMPLE SIZE
23
1.6.2 SOURCES OF DATA
• PRIMARY DATA
•
SECONDARY DATA
24
1.6.3 TOOLS FOR ANALYSIS
•
SIMPLE PERCENTAGE METHOD
%
WEIGHTED AVERAGE METHOD
25
CHARTS, DIAGRAMS AND TABLES
CHI-SQUARE TEST
26
CHAPTER 4
27
DATA ANALYSIS AND INTERPRETATIO
Table, diagrams, charts and graphs are also used to analyse the
data to present the result in attractive ways.
1. Below 25 5 8
25-35 21 35
35-45 13 22
45-55 17 28
Above 55 4 7
Total 60 100
2. Male 50 83
Female 10 17
Total 60 100
28
EDUCATIONAL NO.OF PERCENTAGE
STATUS RESPONDENTS
Below SSLC 12 20
SSLC 19 32
3. PLUS TWO 16 27
Graduate 10 16
PG 3 5
Others 0 0
60 100
29
WORKING AREA NO.OF PERCENTAGE
RESPONDENTS
FMCG 10 17
4
. Textiles 10 17
Hotel 10 17
Medical shop 10 17
Jewellery 10 16
Others 10 16
Total 60 100
NATURE OF NO.OF PERCENTAGE
BUSINESS RESPONDENTS
5. Sole trade 44 73
Partnership 16 27
Total 60 100
MONTHLY NO.OF PERCENTAGE
SALES RESPONDENTS
Below 30000 6 10
6. 30000-60000 14 23
60000-90000 20 33
90000-120000 10 17
Above 120000 10 17
Total 60 100
(SOURCE: PRIMARY DATA
30
INTERPRETATION
30
27
2
4 22
2 2
1 1 19
1
14
5
12 12
12 11 10
9
7 9 9 8 8
0 0 0 0 0
TAX GST
RATES PAYMENT GST CREDIT COMPOSITION ONLINE
MECHANIS PROCEDU
M SCHEME RE
NUETR
HIGHLY AWARE AWARE AL UNAWARE HIGHLY UNAWARE
32
TABLE NO. 4.2.2
ANALYSIS ON THE BASIS OF AWARENESS LEVEL ABOUT GST
TERMS 5 4 3 2 1 SCORE WEIGHTED %
AVERAGE
Tax rate 105 108 36 0 0 249 4.15 83
Payment 35 48 90 22 0 195 3.25 65
mechanism
GST credit 0 60 72 42 0 174 2.90 58
Composition 60 88 27 18 8 201 3.35 67
scheme
GST online 45 56 57 20 8 186 3.10 62
procedure
(SOURCE: PRIMARY DATA)
INTERPRETATION:
CHI-SQUARE TEST
H0: There is no significant relationship between the educational status
and the awareness level about GST of retailers.
17 14 9 0.642857
16 27 121 4.481481
7 3 16 5.333333
9 14 25 1.785714
TOTAL 87.92053
X
Calculated value = 87.920
Degree of freedom = (r-1) (c-1)
34
= (6-1) (5-1) = 5*4 =20
INTERPRETATION:
35
3.DISTRIBUTION ON THE BASIS OF SOURCE OF GETTING
KNOWLEDGE ABOUT GST:
INTERPRETATION:
350
300
250
200
150
100
50
0
36
4.DISTRIBUTION ON THE BASIS OF
REGISTRATION IN COMPOSITION
SCHEME:
INTERPRETATION:
The above table shows that distribution on the basis of
registration in composition scheme. It says that 83% of the respondents
are registered in composition scheme, and the remaining 17% of the
respondents are not registered in composition scheme. Majority of the
respondents are registered in composition scheme.
17%
Yes
No
83%
37
5. DISTRIBUTION ON THE BASIS OF SYSTEM
BENEFIT:
INTERPRETATION:
The above table shows that the distribution on the basis of system
benefit of sample respondents. It says that 55% of the respondents have said that
GST is better than VAT. Majority of the respondents are accepting GST system.
VAT GST
45%
55%
38
6.DISTRIBUTION ON THE BASIS OF PROBLEMS
RELATED TO GST PROCEDURES:
INTERPRETATION:
The above table shows that the distribution on the basis of
problems related to GST procedure among sample respondents. It says
that 57% of the respondents have said that there are no problems related
to GST procedures, and remaining 43% of the respondents have said that
there are problems related to GST procedures. Majority of the respondents
have said that there is no problem related to GST.
Yes
43%
No
57%
39
7.DISTRIBUTION ON THE BASIS OF EFFECT OF
GST ON SOME FACTORS:
TABLE NO. 4.7.1
CHART NO.4.6
25
20
15
10
40
0
Strong
diagree
agree
Neutral
Disagree
Strongly agree
41
TABLE NO. 4.7.2
ANALYSIS ON THE BASIS OF EFFECT OF GST ON SOME FACTORS
STATEMENT 5 4 3 2 1 SCORE WEIGHTED %
AVERAGE
GST has 85 72 57 10 1 225 3.75 75
increase the cost
of production
GST has 60 36 54 28 7 185 3.08 62
increase the
price of goods
GST has 20 36 45 44 10 155 2.58 52
increase the
turnover
GST is 45 64 63 16 6 194 3.23 65
regulating the
unorganized
sector
(SOURCE: PRIMARY DATA)
INTERPRETATION:
42
8. DISTRIBUTION ON THE BASIS OF TAX RATES:
Highly Highly
satisfied Satisfied Neutral Dissatisfied dissatisfied
0 0 0
4 4 4 8
7 10 13
13 13 6 7
22 15
34
17 15 19
3 19
18 17
20 2
9 9 7 1 8 18
0 0 1 5
43
TABLE NO. 4.8.2
ANALYSIS ON THE BASIS OF TAX RATES
STATEMENTS 5 4 3 2 1 SCORE WEIGHTED %
AVERAGE
Various rates 45 72 66 14 4 201 3.35 67
under GST
system
0% 85 52 0 0 0 137 4.56 91
5% 100 68 39 8 0 215 3.98 80
12% 0 36 45 12 4 97 2.85 57
18% 0 0 21 38 10 69 1.91 38
28% 0 0 6 8 8 22 1.57 31
Goods covered 25 32 57 30 13 157 2.61 52
under different
rate of tax
GSTsystem 90 136 24 0 0 250 4.16 83
removing the
cascading effect
of tax
(SOURCE: PRIMARY DATA)
INTERPRETATION:
44
9. DISTRIBUTION ON THE BASIS OF BENEFITS
FROM GST:
INTERPRETATION:
The above table shows that distribution on the basis of
benefits from GST. It says that 57% of the respondent are says that
central government is get benefit from GST, and 23% of the respondents
are says that state government is get benefit from GST. And 10% of the
respondents says that consumers get benefit from GST, and remaining
5% of respondents are says that retailers get benefit from GST. Majority
of the respondents are said that central government is get more benefit
from GST.
CHART NO. 4.8
BENEFIT FROM GST
State govt: Central govt: Consumers Retailers Not any
5%
5%
23%
10%
45
57%10. DISTRIBUTION ON THE BASIS OF LOSS FROM
GST:
INTERPRETATION:
The above table shows that distribution on the basis of loss
from GST. It says that 63% of the respondents are says that retailers are
the main looser of GST, and 20% of the respondents are says no one
has face any loss from GST. And 13% of the respondents are says that
consumers are face loss from GST, and 3% of the respondents are says
that state government face loss from GST. Majority of the respondents
are saying that retailers are the main looser of GST.
3%0%
20% 13%
46
64%
Good 14 24
Moderate 20 33
Bad 11 18
Very bad 4 7
Total 60 100
(SOURCE: PRIMARY DATA)
INTERPRETATION:
The above table shows that distribution on the basis of
opinion about implementing GST. It says that 33% of the respondents
are says that their opinion is neutral, and 24% of the respondents are
says that their opinion is good. And 18% of the respondent are says that
their opinion is excellent and also bad, and 7% of the respondent are
says that their opinion is very bad. Majority of the respondents’ opinion is
neutral.
47
CHART NO.4.10
OPINION ABOUT IMPLIMENTING GST
3
3
24
18 18
PERCENTAGE
48
12.DISTRIBUTION ON THE BASIS OF IMPACT OF
GST ON
NATION’S ECONOMY:
GST is 8 10 19 17 6 60
essential to
state
economy
GST is
reduced 11 15 18 9 7 60
the overall
tax
burden
GST
decreases 12 22 19 7 0 60
the cost of
collection of
tax revenues
of
the govt:
Total 43 61 78 41 17 240
49
CHART NO. 4.11
IMPACT OF GST ON NATION’S ECONOMY
23 22
1 19
1
9 1
7 1 8
14
5 1
11 1 1
0 1 2
GST IS HELPFUL
8 FOR GST IS GST IS REDUCED GST DECREASES
4 ESSENTIAL TO THE THE
STATE OVERALL TAX COST OF
OVERALL ECONOMY BURDEN COLLECTION
DEVELOPMENT OF TAX REVENUES
OF OF
NATION THE GOVT:
Strongly
agree Agree Neutral Disagree Strongly disagree
8 9
6 7
50
TABLE NO.4.12.2
GST is
reduced 55 60 54 18 7 194 3.23 65
the overall
tax
burden
GST
decreases 60 88 57 14 0 219 3.65 73
the cost of
collection of
tax revenues
of
the govt:
INTERPRETATION:
51
Majority of the respondents have agreed about GST is helpful for overall
development of nation.
GST is easy
to 9 15 20 12 4 60
understand
GST is simple 5 13 24 14 4 60
to calculate
GST is
simple 7 16 21 10 6 60
& transparent
system of
taxation
Removing the 29 18 13 0 0 60
cascading
effect of tax
with
introduction of
GST
Total 50 62 78 36 14 240
52
CHART NO. 4.12
OPINION ABOUT GST STRUCTURE
53
TABLE N0.4.13.2
ANALYSIS ON THE BASIS OF OPNION ABOUT GST STRUCTURE
STATEMENT 5 4 3 2 1 SCORE WEIGHTED %
AVERAGE
GST is easy
to 45 60 60 24 4 193 3.21 64
understand
GST is
simple 35 64 63 20 6 188 3.13 63
& transparent
system of
taxation
Removing
the 145 72 39 0 0 256 4.26 85
cascading
effect of tax
with
introduction
of
GST
INTERPRETATION:
54
14.DISTRIBUTION ON THE BASIS OF GST
INFAVOUR OF RETAILERS:
Yes 31 52
No 29 48
Total 60 100
INTERPRETATION:
The above table shows that distribution on the basis of GST
in favour of retailers. It says that 52% of the respondents are says that
GST is in favour of retailers, and 48% of the respondents are say that
GST is not in favour of retailers. Majority of the respondents are saying
that GST is in favour of retailers.
48%
52%
Yes
No
55
15.DISTRIBUTION ON THE BASIS OF
INCREMENT OF PROFIT LEVEL AFTER GST
IMPLEMENTATION:
Yes 18 30
No 42 70
Total 60 100
INTERPRETATION:
The above table shows that distribution on the basis of
increment of profit level after GST implementation. It says that 70% of
the respondents says that they have no increments in their business
profit after implementation of GST, and 30% of the respondents says
that they have increments in their business profit after implementing
GST. Majority of the respondents say that they have no increments in
their business profit.
56
CHART NO. 4. 14
INCREMENT OF PROFIT LEVEL AFTER GST IMPLEMENTATION
Yes
No
57
CHAPTER 5
CONCLUSIONS
58
SUMMARY, FINDINGS, SUGGESTIONS AND
CONCLUSION
5.1. SUMMARY
GST is one indirect tax for the entire country. In simple words,
Goods and Service Tax is an indirect tax levied on the supply of goods
and services. GST law has replaced many indirect tax laws that
previously existed in India.
59
5.2. FINDINGS
➢
This study is reveals that 83% of the sample respondents are
highly aware about GST tax rates. And 63% of the respondents are
aware about composition scheme.
➢
Under this study it found that, one of the most important source of
getting knowledge about GST is mass media and the second one
is online sources.
➢
83% of the respondents are registered under the composition
scheme, and 17% of the respondents are not registered under the
composition scheme.
➢
This study is found that 55% of the respondents have said that
GST is better than VAT, and 45% of the respondents have said
that VAT is better.
➢
57% of the respondents have said that there is no problem related
to GST procedures, and 43% of the respondents have said that
there are problems related to GST procedures.
➢
Most of the respondents [75%] are strongly agreed that GST ha
increase the cost of production, and 65% of respondents are
agreed that GST is regulating the unorganized sector.
➢
Among the sample respondents 91% of the them are highly
satisfied about 0% tax rates, and 80% of the them are satisfied
about 5% tax rates.
60
➢
➢
This study is reveals that 57% of the sample respondents have
said that central government is get more benefit from GST, and
23% of them are said that state government is get benefit from
GST.
➢
63% of the sample respondents are said that retailers are the main
looser from GST.
➢
In my study it is found that 33% of the respondents’ opinion about
implementing GST is neutral, and 24% of the respondents’ opinion
is good.
➢
Most of the respondents [75%] is strongly agreed that GST is
helpful for overall development of nation, and 73% of them agreed
that GST is decrease the cost of collection of tax revenues of the
government.
➢
This study is found that 85% of the respondents are strongly
agreed about removing the cascading effect of tax with introduction
of GST, and 70% of them are agreed about GST easy to
understand.
61
➢
Among the sample respondents 52% of them are says that GST in
favour of retailers.
➢
Among the sample respondents 70% of them are say that there is
no increments in profit level after GST implementation.
➢
The study is reveals that majority of the sample respondents in
retail sector are in between the age group 25-35 [35%]. And 28%
of the ample respondents are in between the age group of 45-55.
➢
Among the sample respondents 83% of them are male. And 17%
of them are female.
➢
In my study is found that majority [32%] of the respondents are
educated up to SSLC. And 27% of the respondents are PLUS
TWO.
➢
This study mainly focused on the sectors FMCG, Textiles, Hotel,
Medical shop, Jewellery etc……………which are equally
considered.
➢
Among the respondents 73% of them are sole traders and 27% of
them doing partnership.
➢
It is understood that most of the respondent [33%] have monthly
sales 6000090000.
62
5.3. SUGGESTIONS
63
5.4. CONCLUSION
from simplification of tax compliances, the rate of tax will also have a
significant impact on the all the specified sectors. In FMCG sector the
VAT rate is amount to approximately 22-24%, under the GST regime the
rate would be in the range of 5% to 28%. And in Textile industry the VAT
rate was 4-5%, under the GST regime the rate would be in the range of
5% to 18%. And in Hotel industry the VAT rate was 5-20%, under the
GST regime the rate would be in the range of 5% to 18%. And in
Medical sector the VAT rate was 4%, under the GST regime the rate
would be in the range of 5% to 12%. And in jewellery industry the VAT
rate was 1%, under the GST regime the rate would be 5%. Thereby
resulting in significant impact for these sectors. i.e. the all these sectors
have both positive and negative impact from GST.
64
BIBLIOGHRAPHY
BOOKS
Saurabh Suman (2017). “Study on New GST Era and its Impact
on Small Business Entrepreneurs”, Journal of Accounting, Finance
& Marketing Technology, Vol.1, Issue,
02.24-36p.
BOOKS REFERRED
65
APPENDIX
66
QUESTIONNAIRE
GENERAL INFORMATION
1. Name of the :
owner :
2. Name of :
business
3. Age
Female
4. Gender;
Male PLUS TWO
SSLC
5. Others
Post graduate
Educ
ational status
Below
SSLC
Graduate
6. You are working under the area?
FMCG Textiles Hotel
Medical shop Others
7. Nature of Jewellery
business?
Sole trader 8. Partnership
Monthly
sales:
AWARENESS ABOUT GST
1 Tax rates
2 Payment mechanism
67
3 GST credit
56
68
4 Composition scheme
5 GST online procedure
10. Please rank the following, how do you get knowledge about GST?
SOURCESRANK
Through trade unions
Professionals
Friend & relatives
Mass media
Online sources
others
11. Are you registered under the composition scheme?
Yes No
12. Which system do you think more beneficial?
VAT GST
13. Do you face any problem related to GST like tax procedure,
paper work, filing return etc…...?
Yes No
14. Below are some of the statement regarding effect of GST on
some factor is given?
Kindly tick the relevant option:
69
3 GST has increase the turnover
4 GST is
regulating the
unorganized
sector
57
70
Below some statement associated with GST tax rates fixed by
department, kindly tick the relevant option:
Satisfie Neutr Dissatisfi
Sr Statement Highly d al ed Highly
satisfie dissatisfi
d ed
No
5% tax (coffee,
II. tea,
medicines,
rusk)
71
State Centre Consume
Govt: Govt: rs
Retailers Not any
17. Who is the main
looser?
State Centre Consumers
Govt: Govt:
Retailers Not any
72
18. What is your opinion about implementing GST?
73
GST is simple and
3 transparent
system of taxation
59
22. Have you got any increment in your profit level after implementation of
GST?
Ye N
s o
74
THANK YOU FOR SPENDING YOUR VALUABLE
TIME FOR US
75
76