Awareness and perception of traders about GST: A study limited to Kanjirapally Thaluk

Goods and service tax is a unique and relevant topic for India as it alters existing trade practices and regulations. The new legislation can even be considered as a second generation tax reform in the field of indirect taxation. The much awaited and celebrated reform in the domain of taxation is all set to sail and now is the right time to think about the expectations, perceptions and general attitude of traders about GST. The study explores the awareness levels and perceptions about the Goods and Service Tax reform among the trader community. With this focus, the study was conducted among selected sample representatives and data was collected by using scheduled questionnaires. Analysis were made by using the statistical package; SPSS. The study reveals that majority of the traders are aware about GST and they perceived it positively.