GST is a revolution in the field of taxation. It is a new face of VAT, which gives a widespread setoff for input tax credit and subsuming many indirect taxes from state and national level. This new system of tax will pave way for a one-country one-tax regime and lead to a single unified market across 29 Indian states. The new tax system is not only seen as the main source of revenue for the government, but it is also expected to change the way how the retail traders do their business and comply with the tax slabs. Even though the whole country, be it policy makers in the Parliament, trade and businesses or common man have been debating about the introduction of GST as a new system of taxation that will replace existing value added tax system in the country, there are some sections of the society that are still not aware of it. Hence, this study put an effort to check the level of awareness among public and the issues faced by them in the implementation of GST. The Malappuram district has been selected as the population and 60 samples were selected for the study. For analysis purpose the sample is divided into 3 categories namely business persons, professionals and laymen. The results revealed that these categories do not differe in their awareness level and opinion on issues faced in the implementation of GST.
Attitude, Goods and Service Tax, Tax Structure, Value Added Tax
