Overview

Original Research

PANDEMIC PERIOD CUSTOMER’S PERCEPTION AND ATTITUDE TOWARDS IMPACT OF GST ON SELECT ELECTRONICS GOODS IN CHENNAI CITY – AN ANALYTICAL STUDY

JACOB DAVIS K 1, and Dr. A. THILAGARAJ 2.

Vol 18, No 02 ( 2023 )   |  DOI: 10.17605/OSF.IO/QSKP3   |   Author Affiliation: Part-Time Research Scholar Department of Commerce, School of Science and Humanities, SRMIST, Kattankulathur 1; Assistant Professor, S.Gr Department of Commerce, College of Science and Humanities, SRMIST, Kattankulathur 2.   |   Licensing: CC 4.0   |   Pg no: 1803-1808   |   Published on: 28-02-2023

Abstract

The Goods and Services Tax (GST) is a very big policy changes that simplifies the existing tax structure for support to develop the economic growth of a country. It is a comprehensive tax implemented towards manufacturing sectors, sale and consumption of goods and services at a national level. The Goods and Services Tax Bill is referred as Constitution 122 Amendment Bill, 2014. GST will be implemented as an indirect taxes at all the stages of manufacturing production to create the uniform tax system all over India. For Implementing the GST the state and central taxes must converted into a single tax. It will be more useful to develop the India’s domestic as well as international business activities in future. The impacts of GST towards unregulated electronic market are zero. Therefore, the GOI must take necessary steps to decrease the unregulated business number slowly, later all the businesses will coming under the GST. Automatically the dream of one nation and one tax will come to as a true one in future.

Keywords

GST, GOI, Single Tax, Electronics goods and Customers