Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Impact of Goods and Services Tax on Business


Affiliations
1 Department of Management studies, Panipat Institute of Engineering &Technology, Samalkha, Haryana, India
     

   Subscribe/Renew Journal


The purpose of the study is to understand the impact of GST on the business firms. GST shall replace a number of taxes and to remove the cascading effect. To understand the process of proposed GST. The objective of the study is to compare the existing tax system with the proposed GST and the impact of various stakeholders like traders, employees, service provider and to ascertain the positive and negative impact of GST. In order to attain the objective 100 respondents are selected out of which 78 respondents are fill the questionnaire and are chosen for further study in the research. Most of the respondents are dissatisfied with this parameter and 20 respondents out of are neutral towards GST and be more prudence and selective in their purchasing behavior. Arafat , pail and ibranim, and ramastse also found that the custom are more prudence and selective behavior

Keywords

Tax Compliance, Tax Regimes, Analysis Estimate, Monetary Outlays.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Ansari, K., & Jain, G. (2017). Impact of GST on Indian startups. Journal (International Education and Research Journal), 3(5), 3.
  • Breen, J., & Roberts, I. (2014). Impact of the introduction of the GST on small business inAvLStmliei.Journal(IJSM), Vol.2.
  • Garg, G. (2014). Basic concepts and features of goods and services tax in India. International Journal of Scientific and Management (IJSM), 2(2), 542- 549.
  • Gupta, N. (2014). Goods and service tax its impact on Indian economy. Journal (International Research Journal of Commerce Arts & Science), 5(3), 126-133.
  • Khan, M.A., & Shabad, N. (2012). Goods and services tax in India: Prospect for states. Journal(BRR), 4(),i8-64.
  • Kumar, N. (2014). Goods and services tax in India. Journal (Global Journal of Multidisciplinary Studies), 3, Issue 6.
  • Manor, A.H. (2013). A new tax reform in Malaysia. Journal International Journal of Economics Business and Management (IJEBSM), 2, Issue 2.
  • Pope, J (2001). Estimating the alleviating of goods and services tax compliance cost burden upon smallbusmess. Journal (Revenue law Journal), 11, Issue 1.
  • Patel, A. (2010). The impact if GST on the India tax scene. Journal (IJSM). https ://www.scribd. com/doc/3 00143 013/To-Youth-doc
  • Vasanthgopal, R. (2011). GST in India: A big leap in the indirect taxation system. Journal (International Nation Journal of Trade, Economics, and Finance), 2(2), 144- 147.
  • Xavier, P. (2017). A study on implementation of goods and services tax in India prospectus and challenges. Journal (IJSM), 3(1), 626-629.

Abstract Views: 224

PDF Views: 0




  • Impact of Goods and Services Tax on Business

Abstract Views: 224  |  PDF Views: 0

Authors

Kanika Garg
Department of Management studies, Panipat Institute of Engineering &Technology, Samalkha, Haryana, India
Manvi Chawla
Department of Management studies, Panipat Institute of Engineering &Technology, Samalkha, Haryana, India
Charu Chawla
Department of Management studies, Panipat Institute of Engineering &Technology, Samalkha, Haryana, India
Shubham Taneja
Department of Management studies, Panipat Institute of Engineering &Technology, Samalkha, Haryana, India

Abstract


The purpose of the study is to understand the impact of GST on the business firms. GST shall replace a number of taxes and to remove the cascading effect. To understand the process of proposed GST. The objective of the study is to compare the existing tax system with the proposed GST and the impact of various stakeholders like traders, employees, service provider and to ascertain the positive and negative impact of GST. In order to attain the objective 100 respondents are selected out of which 78 respondents are fill the questionnaire and are chosen for further study in the research. Most of the respondents are dissatisfied with this parameter and 20 respondents out of are neutral towards GST and be more prudence and selective in their purchasing behavior. Arafat , pail and ibranim, and ramastse also found that the custom are more prudence and selective behavior

Keywords


Tax Compliance, Tax Regimes, Analysis Estimate, Monetary Outlays.

References