Awareness about Goods and Services Tax amongst the Darshini Restaurants-An empirical study of Bangalore City.

As a developing economy India should have public friendly tax system which should not affect either income generation or emotions of citizen of its country. The majority of income for nation comes from tax collection through direct or indirect taxes levied on variety of businesses and income generation of individuals. Because of complexity and cumbersome tax structure many of economies over the world have come up with major changes in tax systems over the last two decades, which includes India to set up GST with all amendments modifications since 2000. Comparatively minimum scope to evade tax in the new GST regime. However, India being a country of having less than one fourth of its population as computer literates, it is not a smooth job to have at the most compliance with online returns. One of the most important benefits of the move is the enhancement of coverage of tax payers and especially the small business units such as self service restaurants and hotels and to make tax paying an easy affair for such business units. Hence this research study is an attempt to know the awareness level of GST among the small retail businesses.

This paper focuses mainly on the awareness about the GST among the small and mostly self service restaurants in Bangalore city which are popularly called as Darshini. tax payers/practitioners in complying with GST provisions. The study adopts descriptive analysis method carried on basis the responses to the questionnaires collected from the accountant, GST practitioners and academicians. The paper attempts to provide basic details of GST and GST returns in brief, analysis of the questionnaires, conclusion driven there on and provides with viable suggestions at the end of the study.. Interestingly, the study has found that a majority of the respondents are aware of the new tax reform; a large number of those traders are still to be covered under tax payment.