Project Final PDF

A Project Report on
“A STUDY ON LEVEL OF AWARENESS TOWARDS GST WITH SPECIAL REFERENCE TO

GENERAL PUBLIC OF HAGARIBOMMANAHALLI CITY”
SUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENT
FOR THEAWARD OF DEGREE OF
BACHELOR OF COMMERCE
CO Submitted by:
MMERCE
Manohar Patel B U - Reg No C1716012
Ganigera Roopa - Reg No C1716022
Uppara Roopa - Reg No C1716032
Gandhada Gudi Pandu Naik - Reg No C1716043
Huduchappa H - Reg No C1716066
Department of Commerce
2019 - 2020
G V P P GOVT FIRST GRADE COLLEGE

HAGARIBOMMANAHALLI–583212
Certificate
This is to certify that the project report entitled “A Study On Level Of Awareness Towards
GST With Special Reference to General Public Of Hagaribommanahalli City” Which is
submitted herewith for the award of the degree of bachelor of commerce of vijayanagara
university ballari and is the result of the original work completed by

Under my supervision and guidance and to the best of my knowledge and belief the
work embodied in this project has not formed earlier the basic for the award of any degree
or similar title of this or any other university or examining body.
Head of the Department and project Guide

Prof.Gaendri.S
H O D Of Commerce
Principal:
Associate Prof . CHADRA MOULI
G v p p Govt frist grade college
Declaration
The undersigned hereby declare that this project report entitled “A Study On Level
Of Awareness Towards GST With Special Reference to General Public Of
Hagaribommanahalli City” written and submitted by me to vijayanagara sri
krishnadevaraya university,ballari in partial fulfillment of requirements for the award
of degree of bachelor of commerce under the guidance of Prof.Gaendri.S is my original
work and the conclusions drawn there in are based on the data and information
collected by me.

ACKNOWLEDGEMENT
We would first like to thank our esteemed “G v p p Govt First Grade College” for
having given this opportunity to expend our knowledge and improve our technical skills
as software programmers.
With immense pleaser, I take this opportunity to acknowledge the many reward
people behind the successes of my project, which was a rewarding and memorable
experience.
I sincerely express my deep sense of gratitude to my beloved principal

prof.chadra Mouli Principal . I also express my sincere thanks to internal guide
Prof.Gaendri.S HOD of Commerce and for their valuable guidance in preparing this
project.
I will be failing in my duty, if I do not express my sincere thanks to my parents and

friends, for their sustained encouragement and involving cooperation in making this
project a grand success full.
Manohar Patel B U
Ganigera Roopa
Uppara Roopa
Gandhada Gudi Pandu Naik
Huduchappa H
Dedicated
This Project is dedicated my Parents,

My Brother and My friends
Save Tree Save Life

Index
Chapter Page
Chapter Name
Number Number
01 INTRODUCTION AND RESEARCH DESIGN 1-7
02 CONCEPTUAL FRAMEWORK OF GOODS AND 8-20

SERVICE TAX
03 PROFILE OF THE STUDY 21-26
HAGARIBOMMANAHALLI TALUK
04 DATA ANALYSIS AND INTERPRETATION 27-47
05 FINDINGS, SUGGESTIONS AND CONCLUSION 48-50
Annexture 51-53
Bibliography
“A STUDY ON LEVEL OF AWARENESS TOWARDS GST WITH SPECIAL
REFERENCE TO GENERAL PUBLIC OF HAGARIBOMMANAHALLI CITY”
CHAPTER - 01
INTRODUCTION AND RESEARCH DESIGN
1.1 INTRODUCTION
Goods and Services Tax is a comprehensive, multi-stage, destination-based tax that
will be levied on every value addition. There are multiple steps an item goes through from
manufacture or production to the final sale. Buying of raw materials is the first stage. The
second stage is production or manufacture. Then, there is the warehousing of materials. Next,
comes the sale of the product to the retailer. And in the final stage, the retailer sells you – the
end consumer – the product, completing its life cycle. Goods and Services Tax will be levied
at every point of sale. At every step of the manufacturing process, businesses will have the
option to claim the tax already paid in the previous transaction. Understanding this process is
crucial for businesses. The GST mechanism is advancement on the VAT system, the idea
being that a unified GST Law will create a seamless nationwide market. It is also expected
that Goods and Services Tax will improve the collection of taxes as well as boost the
development of Indian economy by removing the indirect tax barriers between states and
integrating the country through a uniform tax rate. It has framed the objectives to study about
the level of awareness of general public on GST implementation in India with a sample size
of 100, by using convenient sampling technique. Therefore an attempt is made to analyze the
level of awareness towards GST with special reference to general public of
HAGARIBOMMANAHALLI city.
1.2 REVIEW OF LITERATURE
Pomona(2017)
“The biggest problems in Indian tax system like Cascading effect & tax evasion,
distortion can be minimized by implementing GST. After amalgamation of local state and
centraltaxes competitiveness of industry, exporter and company will increase. The extra
revenue which can be generated from broaden tax base structure can be utilized for the
growth of nation. In economy tax polices play an important role because of their impact on
efficiency and equity. Indirect tax reforms have been a as integral part of the liberalization
process since new economic reforms”.
Mohd Rizal Palil and MohdAdha Ibrahim in their article (2017)
“The impact of Goods and Services Tax (GST) on MiddleIncome Earners in
Malaysia”, explained that the overview on consumer readiness, perceptions and acceptance of
GST in a developing country, particularly in Asian countries that were previously under
researched.
1
GVPP Govt First Grade College
NoormahayuBintiMohdNasir et al., in their article (2017)
“Public Awareness towards Goods and Services Tax (GST) in Kuala Lumpur,
Malaysia” explained that the key factor that has contributed to the public awareness towards
Goods and Services Tax (GST) in Kuala Lumpur and also revealed that all of three
independent variables were found to have significant impact towards the publics’ awareness
on goods and services tax system.
Mohamad Ali Roshidi Ahmad, (2016)
In his seminal work regarding “Introducing the GST in Malaysia” stated that
government educative careful planning, detailed preparation, participation of community and
extensive public education program is the key success in the implementation of GST for any
country.
Nasir(2015)
Reveals that tax morale is the most influence factors to tax awareness. This means
government need intense focus on publics’ knowledge and attitude towards the
implementation of GST.
The Institute of Companies Secretaries of India (ICSI) (2015)
“Published a Reference on Goods and Service Tax to provide the information on the
concept of GST in details”.
Nitin Kumar (2014)
“Goods and Service Tax- A Way Forward‖ and concluded that implementation of
GST in India help in removing economic distortion by current indirect tax system and
expected to encourage unbiased tax structure which is indifferent to geographical locations”.
Anushuya, Karam Pal Narwhal Junior Research Fellow, Haryana School of Business
“GJUS&T, Hisser, India.Professor, Haryana School of Business, GJUS&T, Hisar,
India. International Journal of Economic Practices and Theories, Vol. 4, No. 6, 2014, e-ISSN
2247–7225, have stated that ―”GST is now accepted all over the world and countries are
using it for its sales tax system. Its concepts and impacts are analyzed with various aspects
and techniques. Analyzing it with the help of CGE is at introduction stage and this paper
assesses different literatures on it to find out CGE application in GST by examining 21
research papers of the period 1989- 2012. The major finding of the paper is that CGE is
mostly used for welfare effect of GST and various aspects are still waiting to open”.
Based on study conducted by Boonyarat et al. (2014)
The researcher used Structure Equation Modelling (SEM) to examine the
relationships between tax awareness and tax knowledge and the researcher found out that tax
2
knowledge has positive relationship with tax awareness. Hence, taxpayers will be more aware
about tax system when they have knowledge and understanding towards the tax system.
Herekar, (2012)
“The Ministry of Finance had set up the Task Force with Mr. V. Kelkar as the
chairman of the Task Force. The main task of the Task Force was to evaluate the impact of
the proposed GST on the Indian economy. The author in the paper has studied the different
parts of GST and their impact on the common man, the business and the economy. The
author has concluded based on secondary data that if GST is introduced in India, it would
have a positive impact on the overall economy”.
Mansour, (2012)
“The authors have in the paper studied the link between strategic planning and
decision making process and competence of the tax administration in indirect taxes in
Malaysia. For this the author has compared the planning system in Malaysia with other
economies and concluded that in Malaysia the main problem is around deficiency of
resources and will of employees in the tax department”.
Tripathi, (2011)
“The authors have discussed the concerns faced in India post the implementation of
VAT, the learning we could take from it, the effects on the social order in India. All this is
discussed in the background of the impending GST in India. The authors have discussed the
various issues around VAT, how it impacts the different sections of society. VAT is present
in all goods produced and GST would be present in all goods and services produced making
it a tax payable by all sections of the society. Thus it is a tax which though good to increase
the revenue impacts even the poorer sections of society”.
Eugen, (2011)13
“The authors have examined the various methods adopted by assessees to evade the
documentation and returns which could be relied upon by both the authorities and the
assessees to ensure that there is no tax evasion”.
Kelkar committee,(2002)
“The direct and indirect Tax reforms committee was setup by the Government of
India in July 2002 under the chairmanship of Dr .Vijay L. Kelkar. The major objectives of the
committee were to recommend measures for simplification and rationalization of direct and
indirect taxes. Consequently two task forces were setup. The committee suggested various
measures under direct taxes like, expansion of tax payer services both qualitatively and
quantitatively. Easy access to tax payers through internet and e-mail and extension of
3
facilities such as Tele-filing and in case of indirect taxes the task force recommended customs
clearance to be based on trust and to be uniformly applied to all importers and exporters,
multiplicity of levies to be reduced. On service tax the task force suggested, the
implementation of service tax on comprehensive basis announced that the GST would be roll-
out by the end of the financial year 2014-15(at Central level)”.
1.3 RESEARCH GAP
Many of the studies are conducted but few of some problems are neglected. So that
neglected problems will be traced out by the new researcher and conducting a comprehensive
survey on the perception of traders and the impact of GST on their trade. For this purpose the
researcher had prepared a questionnaire and investigating them by the way of survey and
collected the new information from them. The problems will be traced out properly and find
out. Therefore an attempt is made to analyze the level of awareness towards of General public
of HAGARIBOMMANAHALLI city towards GST.
1.4 SIGNIFICANCE OF THE STUDY

The idea behind having one consolidated indirect tax to subsume multiple
currently existing indirect taxes is to benefit the Indian economy in a number of ways. It will
help the country‘s businesses gain a level playing field. It will put us on par with foreign
nations who have a more structured tax system. It will also translate into gains for the end
consumers who not have to pay cascading taxes any more. There will now be a single tax on
goods and services. In addition to the above, the Goods and Services Tax Law aims at
streamlining the indirect taxation regime. As mentioned above, GST will subsume all indirect
taxes levied on goods and service, including State and Central level taxes. The GST
mechanism is advancement on the VAT system, the idea being that a unified GST Law will
improve the collection of taxes as well as boost the development of Indian economy by
removing the indirect tax barriers between states and integrating the country through a
uniform tax rate. The government of India has taken an initiative to make a drastic change in
the Indian taxation system by introducing GST system as one tax and one nation policy. This
new paradigm has made lot of changes in existing taxation system of India. The GST system
is very helpful to traders, tax payers and general public in terms of filing, simplified
procedure etc. Therefore an attempt is made to analyze the level of awareness towards of
General public of HAGARIBOMMANAHALLI city towards GST.
4
1.5 STATEMENT OF THE PROBLEM
GST is not a new phenomenon. It was first implemented in France in 1954, and since then
many countries have implemented this unified taxation system to become part of a global
whole. Now that India is adopting this new tax regime, let us look back at the how and when
of the Goods and Services Tax and its history in the nation. France was the world‘s first
country to implement GST Law in the year 1954. Since then, 159 other countries have
adopted the GST Law in some form or other. In many countries, VAT is the substitute for
GST, but unlike the Indian VAT system, these countries have a single VAT tax which fulfills
the same purpose as GST. In India, the discussion on GST Law was flagged off in the year
2000, when the then Prime Minister AtalBihari Vajpayee brought the issue to the table. The
basis of Goods and Services Tax is the seamless flow of Input Tax Credit (ITC) along the
entire value addition chain. At every step of the manufacturing process, businesses will have
the option to claim the tax already paid in the previous transaction. Understanding this
process is crucial for businesses. Hence the researcher has concentrated to study on- whether
a nationwide tax reform is acceptable by the public
1.6 OBJECTIVES OF THE STUDY

1. To present the conceptual framework of Goods and Service Tax.
2. To study the profile of the study (HAGARIBOMMANAHALLI City).
3. To know the opinions general public of HAGARIBOMMANAHALLI city towards
the Goods and service tax.
4. To assess the level of awareness and perception of General public towards GST.
5. To derive the findings and make suitable suggestions.
1.7 SCOPE OF THE STUDY

This study primarily focused on analysis of level of awareness of general public of
HAGARIBOMMANAHALLI city towards GST. The present study covered only level of
awareness and perception of general public of HAGARIBOMMANAHALLI city towards
Goods and Service tax (GST). There are many general public in
HAGARIBOMMANAHALLI among them the only 100 general public are selected as a
sampling, to assess the level of awareness and perception of general public of
HAGARIBOMMANAHALLI city towards Goods and Service tax (GST). This study is
conducted to analyze and interpret the level of awarenessabout the GST of the
5
1.8 RESEARCH METHODOLOGY

1.8.1 TYPE OF STUDY
The analytical study is carried on level of awareness and perception of general
public of HAGARIBOMMANAHALLI city towards Goods and Service tax (GST). The
present research study is based on both the primary data and secondary data. Questionnaire
method has used for collection of primary data by surveying the general public of
HAGARIBOMMANAHALLI city to collect the information about GST and their perception
towards GST.
1.8.2 TOOLS FOR COLLECTION OF DATA

Personal interview and questionnaire are the major tools used to analyze the level of
awareness towards GST with special reference to general public of
HAGARIBOMMANAHALLI city”.
1.8.3 METHODS OF DATA COLLECTION
Both primary data and secondary data are used for this study. Primary data collected
in theform of questionnaire method and secondary data through various published and
unpublished sources.
This study requires both primary and secondary data. The primary data will be
Gathered by investigating in the study area by administering questionnaire and there by
interviewing the General public of HAGARIBOMMANAHALLI city. Secondary data has
collected from various books, journals, magazine, and internet, due time constraint study has
been restricted to 100 respondents only. This study covered the opinion of general public of
HAGARIBOMMANAHALLI city. The data was collected by surveying questionnaire to
these selected respondents is analyzed and interpreted systematically in the form of
statements, charts, graphs and tables.
1.8.4 SAMPLING METHOD
There are huge numbers of people in HAGARIBOMMANAHALLI. For this study
the researcher have taken 100 members grouping four different types of people’s. The
primary data was obtained by using simple random sampling technique.
1.8.5 SAMPLING SIZE
The total population of the public of HAGARIBOMMANAHALLI city was 10000
approximately. Hence the researcher has randomly selected only 100 members using random
sampling method for collection of required data.
6
1.8.6 ANALYSIS AND INTERPRETATION
The data which collected through primary sources are arranged systematically by using
various tables, charts, graphs, and diagrams. The data which collected through primary
sourcesis analyzed and interpreted using simple percentage and cumulative percentage
method.
1.9 LIMITATIONS OF THE STUDY
1. The study is confined only to General public of HAGARIBOMMANAHALLI city.
2. The study is focused only on level of awareness General public of
3. The study is restricted only to 100 respondents.
4. There may be a personal bias of respondents while providing the information.
5. Time constraint is one of the limitations of the study.
6. This study period is only 4 months.
1.10 CHAPTER SCHEME

CHAPTER-1:-INTRODUCTION AND RESEARCH DESIGN
This chapter deals with introduction and background of the study, review of literature ,
research gap , significance of the study, objectives of the study, research hypothesis, scope of
the study, research methodology, limitations of the study.
CHAPTER-2:-CONCEPTUAL FRAMEWORK OF GOODS AND SERVICE TAX
This chapter deals with meaning of GST, definition of GST, background of GST, objectives
of GST, Salient features of GST, constitutional amendment of GST, advantages of GST,
disadvantages of GST, structure of GST, significance of GST, filing of returns under GST,
offences and penalties under GST, GST council, GST network, registration under GST,
impact of GST on growth of Indian economy, exemptions of GST, taxes subsumed under
GST, types of GST.
CHAPTER-3:-PROFILE OF THE STUDY (HAGARIBOMMANAHALLI CITY)
This chapter deals with profile of the HAGARIBOMMANAHALLI city.
CHAPTERR-4:-DATA ANALYSIS AND INTERPRETATION-
This chapter deals with data analysis and interpretation.
CHAPTER-5:-FINDINGS, SUGGESTIONS AND CONCLUSIONS
ANNEXURE-
 BIBLIOGRAPHY
 QUESTIONNAIRE
7
CHAPTER-2
CONCEPTUAL FRAMEWORK OF GOODS AND SERVICE TAX
2.1 INTRODUCTION
The Goods and Service tax (GST) would be a very significant step in the field of
indirect tax reforms in India. By amalgamating a large number of central and state taxes into
a single tax, it would mitigate cascading or double taxation in a major way and pave the way
for a common national market. From the consumer point of view, the biggest advantage
would be in terms of reduction in the overall tax burden on goods, which is currently
estimated to be around 25%-30%. Introduction of GST would make Indian products
competitive in the domestic and international markets. This would have a boosting impact on
economic growth. This tax, because of its transparency and self-polishing character, would
be easier to administer. Goods and Service tax (GST) is a value added indirect tax at each
stage of the supply of goods and services precisely on the amount of value addition achieved.
It seeks to eliminate inefficiencies in the tax system that result in ‘tax on tax’, known as
cascading of taxes. GST is a designation-based tax on consumption, as per which the state’s
share of taxes on inter-state commerce goes to the one that is home to the final consumer,
rather than to the exporting state.GST has two equal components of central and state GST.
2.2 MEANING OF GST:

GST is one indirect tax for the whole nation which will make India one unified common
market.GST is a single tax on the supply of goods and services, right from the manufacturer
to the consumer. Credit of input taxes paid at each stage will be available in the subsequent
stage of value addition, which makes GST essentially a tax only on value addition at each
stage. The final consumer will thus bear only the GST charged by the late dealer in the supply
chain, with set-off benefits at all the previous stages.
DEFINITION OF GST
Article 366 (Clause 12A) ‘GST’ has been defined to mean any tax on the supply of goods or
services or both, excluding the supply of petroleum crude, high speed diesel, motor spirit,
natural gas, aviation turbine fuel and alcoholic liquor for human consumption.
2.3 BASIC CONCEPTS UNDER GSTREVERSE CHARGE

Reverse charge means the liability to pay tax by the recipient (customer) of goods or services
instead of the supplier(service provider or seller).
8
Normally the supplier (service provider) pays the tax on supply. In certain cases, the receiver
(customer) becomes liable to pay the tax, i,e; the chargeability gets reversed which is why it
is called reverse charge.
In India, this is a partly new concept introduced under GST. The purpose of this charge is to
increase tax compliance and tax revenues. Earlier, the government was unable to collect
service tax from various unorganized sectors like goods transport, compliances and tax
collections will therefore be increased through reverse charge mechanism.
Input:
Input means any goods other than capital goods used to or intended to be used by a supplier
in the course or furtherance of a business.
INPUT TAX
Input tax in relation to a registered person, means the central tax, state tax, integrated tax or
union territory tax charged on any supply of goods or services or both made to him and
includes:
IGST charged on the import of goods.

 Tax payable Under subsections (3) and (4) of section 9
 Tax payable under subsections (3) and (4) of section 5 of IGST Act
 Tax payable under subsections (3) and (4) of section 9 of the respective SGST Act ; or
 Tax payable under subsections (3) and (4) of section 7of the UTGST Act.
However, it does not include the tax paid under the composition levy.
INPUT TAX CREDIT
Input tax credit means the credit of input tax.
OUTPUT TAX
Output tax means the CGST or SGST on taxable supply of goods and services made by a
taxable person or by his agent. Excludes tax payable on a reverse-charge basis.
GOODS
Goods refers to all types of movable property, including actionable claim, growing crops,
grass, and things attached to the land that are agreed to be severed before supply or under a
contract of supply. Excludes securitiesandmoney.
SERVICES
9
Services means anything other than goods, money and securities, but includes activities
relating to use of money or its conversion by cash or by any other mode from one form,
currency or denomination, to another from to currency or denomination for which a separate
consideration is charged.
AGGREGATE TURNOVER
Aggregate turnover means aggregate valve of all taxable supplies (except inward supply
which is under reverse charge). It includes exempt supplies, export of goods or services or
both and inter-state supplies of person who have same PAN number. These to be computed
on all India basis exclude CGST, SGST, and IGST.
Turnover includes;
Aggregate value of goods and services supplied
Exempted supplies
Interstate supply
Export of goods or services or both
BUSINESS
Business includes trade, commerce, manufacturing concern, occasion, adventure, wages or
any other similar activity wither or not it is for a pecuniary benefit.
SUPPLY
Supply includes sec 7 of CGST Act 2017;
i. All form of supplies of goods or services or both such as sale, transfer, barter,
exchange, license, rental, lease or disposal made or agreed to made for a consideration
by a person in the course or furtherance of business.
ii. Import of services for consideration whether or not in the course or furtherance of
business.
iii. Activity related to schedule-1
iv. The activities to be treated as supply of goods or services as referred to be in
schedule-2.
TYPES OF SUPPLY
Supply is mainly classified into 4 types they are as follows;
On the basis of location
On the basis of combination
On the basis of receipt
On the basis of tax
On the basis of location
10
Intra-state supply or intra- union territory supply:
Intra-state supply is the supply of goods or services where the location of supplier and the
location of supply in the same state or in the same union territory.
Exemptions of Intra-state supply;
1. Services or goods provided to tourist u/s 15 of IGST Act.
2. The supply or goods or buy of goods from special economic zone
3. Goods imported from union territories.
BACKGROUND OF GST:
Historical background of GST (Goods and Service Tax).France is the first country in the
world, which has implemented GST in 1954. In India Finance Ministry has placed 122nd
Constitution Amendment Bill in LokSabha in 19th December, 2014. The Government of
India has appointed various committees,task force to give their views to introduce a vibrant
and modern Indirect Tax Structure in India, some of views are ;
2.4 SALIENT FEATURES OF GST

The salient features of GST are as under:.
1. GST would be applicable on sale of goods and services as against the present concept
of tax on the manufacture of goods.
2. GST would be destination based tax as against the present concept of origin based tax.
3. It would be a dual GST. The GST levied by the Centre would be called Central GST
(CGST) and that to be levied by the states would be called State GST (SGST).
4. An Integrated GST (IGST) would be levied on inter-state supply of goods or services.
This would be collected by the center.
5. Import of goods or services would be treated as inter-state supplies and would be
subject to IGST in addition to applicable custom duties.
2.5 ADVANTAGES OF GST
1. GST is a transparent tax and also reduce number of indirect taxes.
2. GST will not be a cost to registered retailers therefore there will be no hidden taxes
and the cost of doing business will be lower.
3. Benefit people as prices will come down which in turn will help companies as
consumption will increase.
4. There is no doubt that in production and distribution of goods, services are
increasingly used or consumed and vice versa.
11
5. Separate taxes for goods and services, which is the present taxation system, requires
division of transaction values into value of goods and services for taxation, leading to
greater complications, administration, including compliances costs.
6. In the GST system, when all the taxes are integrated, it would make possible the
taxation burden to be split equitably between manufacturing and services.
7. GST will be levied only at the final destination of consumption based on VAT
principle and not at various points (from manufacturing to retail outlets). This will
help in removing economic distortions and bring about development of a common
national market.
8. GST will also help to build a transparent and corruption free tax administration.
9. Presently, a tax is levied on when a finished product moves out from a factory, which
is paid by the manufacturer, and it is again levied at the retail outlet when sold.
10. GST is backed by the GSTN, which is a fully integrated tax platform to deal with all
aspects of GST.
2.6 DISADVANTAGES OF GST
1. Some Economist say that GST in India would impact negatively on the real estate
market. It would add up to 8% to the cost of new homes and reduce demand by about
12%.
2. Some Experts says that CGST(Central GST), SGST(State GST) are nothing but new
names for Central Excise/Service Tax, VAT and CST. Hence, there is no major
reduction in the number of tax layers.
3. Some retail products currently have only 4% tax on them. After GST, garments and
clothes could become more expensive.
4. The aviation industry would be affected. Service taxes on airfares currently range
from 6 to 9%. With GST, this rate will surpass 59% and effectively double the tax
rate.
5. Adoption and migration to the new GST system would involve teething troubles and
learning for the entire ecosystem.
2.7 TAXES SUBSUMED UNDER GST
At the Central level, the following taxes are being subsumed:
 Central Excise Duty,
 Additional Excise Duty,
 Excise duties under Medicinal & Toiletries Preparations (Excise Duties) Act, 1955
 Service Tax,
12
 Additional Customs Duty commonly known as Countervailing Duty (CVD),
 Special Additional Duty of Customs (SAD)
 Central Sales Tax (Levied by the Centre and collected by the states)
 Surcharge & Cesses levied by the Centre on Goods & Services
At the State level, the following taxes are being subsumed:

 Value Added Tax (VAT)
 Entertainment Tax (other than levied by the local bodies),
 Octroi and Entry tax,
 Purchase Tax,
 Luxury tax, and
 Taxes on lottery, betting and gambling.
 Surcharge & Cesses levied by the States on Goods & Services
AIMS AND OBJECTIVES OF GST
1. One Country – One Tax
2. Consumption based tax instead of Manufacturing
3. Uniform GST Registration, payment and Input tax Credit
4. Reduce tax evasion and corruption
5. Increase productivity
6. Increase Compliance
7. Reducing economic distortions
8. Transparency in the total indirect tax system
9. Ensuring that the cascading effect on tax on tax will be eliminated.
10. Improving the competitiveness of the original goods and services, there by
improving the GDP rate too.
11. Ensuring availability of input tax credit across the value chain.
12. Reducing the complications in tax administration
13. Decreasing the unhealthy competition among the states due to taxes and revenues
With all of these being very significant objectives of GST, it is still facing a lot of
implementation issues. Some of them are as follows:
1. Complete lack of adaptation mechanisms and trained staff.
2. In some cases, the double registration might annoy people. Also, these
registrations result in increased compliances and cost.
13
3. Unclear estimate of the exact impact of GST.
4. No clear mechanism to control tax evasion
2.8 TYPES OF GST
There would be three different types of levies in GST:
1. CGST
2. SGST/UTGST
3. IGST
SGST would be livable along with CGST on the supply made by a registered person within a
State.Just as SGST is livable along with CGST on the supply made by registered person
within a State, UTGST would be levied along with CGST on the supply made by a registered
person within a Union territory.
However, in no case, both SGST and UTGST would be livable on an invoice of supply of
goods or services or both. It would either be SGST or UTGST along with CGST would be
livable on the invoice.
IGST would be livable on Import or Inter-State supply of goods or services or both.
IGST would be equivalent to sum total of CGST and SGST or UTGST.
1. Inter-state supply or inter union territory supply;
2. Inter-state supply is the supply of goods or services where the location of supplier and
place of supply is in
-Two different states
-Two different union territory
-Between the state and union territories
On the basis of receipt;
a) Inward supply Sec 2 (67):
Of CGST Act 2017 defines inward supply in relation to person, as receipt of goods or
services or both whether by purchase or acquisition or any other means with or
without consideration.
b) Outward supply sec 2 (83):
Sec 2 (83) of CGST Act 2017 defines outward supply in relation to a taxable person,
as supply of goods or services or both whether by sale, transfer, barter, exchange,
license, lease, rental or disposal or any other mode made or agreed to be made by such
person in the course or furtherance of business.
On the basis of tax;
A. Taxable supply u/s 2(108):
14
Sec 2 (108) of CGST Act 2017 defines taxable supply as a supply of goods or services
or both which livable or chargeable to tax under the act.
B. Zero-rated supply:
Zero-rated supply is a supply of goods or services or both to special economic zone
units.
C. Free supply:
Free supply means supply of goods or services which are exempted from GST. It is
similar to non-taxable supply.
Non-taxable supply
2.9 GOODS AND SERVICE TAX NETWORK (GSTN)

Goods and Services Tax Network (GSTN) is a nonprofit non-government company,
which will provide shared IT infrastructure and service to both central and state governments
including tax payers and other stakeholders. The Frontend services of registration, Returns
and payments to all taxpayers will be provided by GSTN. . It will be the interface between
the government and the taxpayers.
The GST System Project is a unique and complex IT initiative. It is unique as it seeks, for
the first time to establish a uniform interface for the tax payer and a common and shared IT
infrastructure between the Centre and States.
Currently, the Centre and State indirect tax administrations work under different laws,
regulations, procedures and formats and consequently the IT systems work as independent
sites. Integrating them for GST implementation would be complex since it would involve
integrating the entire indirect tax ecosystem so as to bring all the tax administrations (Centre,
State and Union Territories) to the same level of IT maturity with uniform formats and
interfaces for taxpayers and other external stakeholders.
2.10 STRUCTURE
51% of stakes are owned by private people and remaining will be owned by public people. It
has a authorized capital of 10 Cores. GSTN as given contract to design the technology of
GST to the Infosys in 2015.
PRESENT CHAIMAN OF GSTN IS NAVIN KUMAR WHO IS an IAS officer. And CEO is
Prakashkumar.
Shareholders and shareholding;
CentralGovt. 24.5%
StateGovt. 24.5%
15
HDFC 10%
HDFCBank 10%
ICICIBank 10%
NSEStrategicInvestmentCom 10%
LIC Housing Finance Ltd 11%
2.11 FUNCTIONS OF GSTN

 Facilitate registration
 Computation of IGST and settlement
 File tax returns and submit to central and state authorities
 Integrate banking network with tax payment details
 Analyses tax payer’s profile
 Manage computation engine of input tax credit
 Submit MIS reports to governments
GSTN is expected to assist in the 4 phases mentioned below:
 Phase 1Registration – GST / Returns/ Payments
 Phase 2 – Review of Pilot & Project development of NSDL
 Phase 3 – GST planning and implementation
 Phase 4 – GST solution development
2.12 FUNCTIONS OF GSTN

GSTN is the backbone of the Common Portal which is the interface between the
taxpayers and the government. The entire process of GST is online starting from registration
to the filing of returns.
It has to support about 3 billion invoices per month and the subsequent return filing for 65 to
70 lakh taxpayers.
The GSTN will handle:
 Invoices
 Various returns
 Registrations
 Payments & Refunds
16
2.13 SIGNIFICANCE OF GOODS AND SERVICE TAX (GST) IN INDIA
In this article, we are going to discuss Significance of Goods and Service Tax (GST)
in India. Did you know that goods and service tax will now replace the other indirect taxes
that exist as on today on different goods and services? GST is anticipated to one of the crucial
reforms which will spur the economic growth of our country. When launched, GST will not
just make the taxation framework simple but shall also help and increase the compliance,
decrease the tax outflow and boost the tax revenue, while making the export market
competitive.
In fact, people say that with GST coming into place, the government will be able to set a
different roadmap during the upcoming budget session. GST has been a long pending reform
which has been in pipeline. This taxation reform hopes to iron out all wrinkles that are
present in Indian taxation system. This rich and comprehensive tax policy is forecasted to a
significant one, aimed to contribute to the growth of our country India.
We have already discussed in previous posts about how GST is going to change the way
India does business and Benefits of GST in India. We have also created a guide to
implementing GST in your business.
GST is supposed to bring many benefits and advantages to consumers as well as the overall
economy in India. The introduction of GST in India means that there will be lots of changes.
You will have to frequently submit more data to the government. All this means you will
need to have better automate your invoice software as well as GST tax reporting system.
There are lots of benefits of usinga good business management software in your business.
2.14DETERMINING THE GST TAX STRUCTURE
The GST tax structure will bring about a drastic change in the current indirect tax
system. Currently, tax barriers have created a fragmented Indian market. This has resulted in
a cascading effect of taxes on cost making indigenous manufacture less profitable. Also, the
complex multiple taxes have raised the cost of compliance considerably.
The GST tax structure will comprise of the Central Goods and Services Tax (CGST), State
Goods and Services Tax (SGST) and Integrated Goods and Service Tax (IGST). The four
slab tiers of the GST tax structure will be 5 per cent, 12 per cent, 18 per cent and 28 per cent.
The lowest rates will be applicable for essential items and the highest for luxury and demerit
goods. Moreover, these include SUVs, luxury cars and tobacco products. GST may go up to
40 per cent after the GST Council proposed raising the peak rate.
Service tax will increase from its current levels of 14.5 per cent which will be negative for
service industries like airlines, telecom and insurance. Currently, FMCGs pay about 24 to 25
17
per cent on excise duty, VAT and entry tax. Under the GST tax structure, this may be reduced
to 18 per cent, but at 28 per cent this may disappoint the market. Also, telecom will be
affected with a rate of 18 per cent from the current 15 per cent. An additional tax up to 1%
will be levied on the inter-state supply of goods. Therefore, these goods do not come under
VAT and have no input tax credit.
2.15 REGISTRATION UNDER GST
Mandatory GST Registration Online
All businesses whose turnover is above Rs.20 lakh, or Rs.10 lakh (for North-Eastern states),
are expected to do GST registration as a regular taxable person. GST online registration is
also mandatory for NRI taxable individuals, entities engaging in e-commerce, entities
supplying goods and services via e-commerce operators, individuals who are eligible for TDS
(Tax deducted at source), entities engaging in the provision of online information or retrieval
services or database access, etc.
Most entities and businesses in the country are required to complete GST registration online.
Even entities that are not mandated to complete GST online registration can do so on a
voluntary basis as registration enables the entity to gain legal recognition as a supplier of
goods and/or services, thereby allowing the entity to levy GST on customers who avail their
goods or services. As such, entities that have completed GST registration online can be
eligible to avail input tax credit.
How to do GST Online Registration
Here is a Step-by-Step Procedure to Complete GST Online Registration
 Log on to www.gst.gov.in.
 Click on the ‘Services’ tab on the menu at the top of the page.
 You will have three options, viz. ‘Registration’, ‘Payments, and ‘User Services’.
 Click on ‘Registration’ and select ‘New Registration’.
 You will be redirected to a new page wherein you will have to select whether you are a
taxpayer or a GST practitioner before entering a few details such as the legal name of the
business, the state and district in which the entity is located, Permanent Account Number,
email address and mobile number. This is basically Part-A of the form.
 The details you have entered will have to be verified by the portal, so you will receive a
one-time password or an email for confirmation.
 Based on the kind of business you are running, you will be required to upload a few
documents as requested.
18
 Part-B of the form will then have to be filled in with a few details after which you will
receive the Application Reference Number through email or SMS.
 Your application will then be verified by a GST officer and it could either be approved or
you will be requested to provide some more details or documents until the authorities have
all the required information to approve your application.
2.16EXEMPTIONS UNDER GST
Certain goods are kept under nil or 0% GST rate to benefit the masses. The following
info graphic will tell you what items are exemptions under GST
.Other special cases-
 Supply to Canteen Stores Department (CSD) (Owned by Ministry of Defiance)=
CSD will enjoy 50% concession on applicable GST (no concession on Compensation
cess) paid on the notified goods or services or both received by them.
 Sales by CSD to Unit Run Canteens/final consumer and sales by Unit Run Canteens
to final consumer are exempted from GST
An entire list of GST rates on goods declared on 18th May 2017 and on3rd June 2017 is
available on CBEC website. The following table includes all the above information:
Services by Government or a local authority excluding the following services—
1. Post office -speed post, express parcel post, life insurance, and agency services provided to
a person other than Government;
2. Services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an
airport;
3. Transport of goods or passengers; or
4. Any service, other than services covered under clauses (i) to (iii) above, provided to
business entities.
5. Services by the Reserve Bank of India
6. Services by a foreign diplomatic mission located in India
7. Service by way of access to a road or a bridge on payment of toll charges.
8. Transmission or distribution of electricity by an electricity transmission or distribution
utility
9. Services by way of renting of residential dwelling for use as residence
2.17 WHO IS LIABLE PAY TAX
While the ultimate burden of an indirect tax is to be borne by the consumer, the
responsibility to collect and deposit in such cases rests with the supplier. Thus Supplier as
19
defined in Section 2(105) means the person supplying the goods or services or both in
relation to any goods or services or both and shall include an agent acting as such on behalf
of such supplier in relation to the goods or services or both supplied. Such a supplier shall be
liable for collection and deposit of GST provided he is a taxable person as per the GST Act.
Taxable Person means a person who carries on any business at any place in India in case of
Central Goods and Services Tax Act, 2017 or respective State in case of State Goods and
Services Tax Act, 2017 and who is registered or required to be registered under Section 22 or
Section 24 of the CGST Act, 2017. Thus, in case a person is not carrying any business, he
shall not be called a taxable person and no liability as a supplier of output tax liability can be
fastened on such person. The following categories of persons have been specified in Act, who
shall requires to obtain registration and pay GST.
2.18 IMPACT OF GST ON THE INDIAN ECONOMY
GST the biggest tax reform in India founded on the notion of “one nation, one market, one
tax” is finally here. The moment that the Indian government was waiting for a decade has
finally arrived. The single biggest indirect tax regime has kicked into force, dismantling all
the inter-state barriers with respect to trade. The GST rollout, with a single stroke, has
converted India into a unified market of 1.3 billion citizens. Fundamentally, the $2.4-trillion
economy is attempting to transform itself by doing away with the internal tariff barriers and
subsuming central, state and local taxes into a unified GST.
The rollout has renewed the hope of India’s fiscal reform program regaining momentum and
widening the economy. Then again, there are fears of disruption, embedded in what’s
perceived as a rushed transition which may not assist the interests of the country.
Amidst economic crisis across the globe, India has posed a beacon of hope with ambitious
growth targets, supported by a bunch of strategic undertakings such as the Make in India and
Digital India campaigns. The Goods and Services Tax (GST) is another such undertaking that
is expected to provide the much needed stimulant for economic growth in India by
transforming the existing base of indirect taxation towards the free flow of goods and
services. GST is also expected to eliminate the cascading effect of taxes. India is projected to
play an important role in the world economy in the years to come.
20
CHAPTER -3
PROFILE OF THE STUDY
HAGARIBOMMANAHALLI TALUK
Village Hagaribommanahalli
Block Hagaribommanahalli
District Bellary
State Karnataka
Country India
Continent Asia
Time Zone IST ( UTC + 05:30)
Currency Indian Rupee ( INR )
Dialing Code +91
Date format dd/mm/yyyy
Driving side left
Internet cTLD in
Language Kannada, English
Time difference 25 minutes
Latitude 15.037974
Longitude 76.204262
Hagaribommanahalli is a village panchayat located in the Bellary district of Karnataka

state,India. The latitude 15.037974 and longitude 76.204262 are the geocoordinate of the
Hagaribommanahalli. Bangalore is the state capital for Hagaribommanahalli village. It is
located around 272.3 kilometer away from Hagaribommanahalli.. The other nearest state
capital from Hagaribommanahalli is Bangalore and its distance is 229.2 KM. The other
surrouning state capitals are Hyderabad 357.8 KM., Chennai 491.1 KM., Pondicherry 521.8
KM.,
The surrounding nearby villages and its distance from Hagaribommanahalli
are Hagaribammanahalli 0.9 KM , Chintrapalli 1.1 KM , Hampapatna 10.3 KM , Sonna 10.3
KM , Kogali 10.7 KM , Ambali 14.7 KM , Hansi 14.7 KM , Thambralli 15.2 KM , A
21
labur 16.8 KM , Bannigola 17.5 KM , Hampasagar 20.6 KM , Halagapura , .
The official language of Hagaribommanahalli
The native language of Hagaribommanahalli is Kannada, English and most of the village
people speak Kannada, English. Hagaribommanahalli people use Kannada, English language
for communication.
Hagaribommanahalli Sun rise time
Hagaribommanahalli village is located in the UTC 5.30 time zone and it follows indian
standard time(IST). Hagaribommanahalli sun rise time varies 25 minutes from IST. The
vehicle driving side in Hagaribommanahalli is left, all vehicles should take left side during
driving. Hagaribommanahalli people are using its national currency which is Indian Rupee
and its internationl currency code is INR. Hagaribommanahalli phones and mobiles can be
accesed by adding the indian country dialing code +91 from abroad. Hagaribommanahalli
people are following the dd/mm/yyyy date format in day-to-day life. Hagaribommanahalli
domain name extension( cTLD) is .in .
The nearest railway station in and around Hagaribommanahalli
The nearest railway station to Hagaribommanahalli is Munirabad which is located in and
around 33.2 kilometer distance. The following table shows other railway stations and its
distance from Mamakudi.
Munirabad railway station 33.2 KM.
Hospet Jn railway station 33.9 KM.
Koppal railway station 35.7 KM.
Kudatini railway station 62.2 KM.
Molakalmuru railway station 68.5 KM.
Nearest airport to Hagaribommanahalli
Hagaribommanahalli‘s nearest airport is Vidyanagar Airport situated at 48.5 KM distance.
Few more airports around Hagaribommanahalli are as follows.
Vidyanagar Airport 48.5 KM.
Bellary Airport 74.0 KM.
Hubli Airport 125.2 KM.
Nearest districts to Hagaribommanahalli
22
Hagaribommanahalli is located around 76.6 kilometer away from its district head quarter
bellary. The other nearest district head quarters is koppal situated at 35.3 KM distance from
Hagaribommanahalli . Surrounding districts from Hagaribommanahalli are as follows.
Koppal ( koppal ) district 35.3 KM.
Davanagere ( davanagere ) district 71.4 KM.
Gadag ( gadag ) district 76.1 KM.
Haveri_District ( haveri ) district 90.4 KM.
Nearest town/city to Hagaribommanahalli
Hagaribommanahalli‘s nearest town/city/important place is Kudligi located at the distance of
25.5 kilometer. Surrounding town/city/TP/CT from Hagaribommanahalli are as follows.
Kudligi 25.5 KM.
Hospet 32.3 KM.
Kamalapuram 35.4 KM.
Harpanahalli 36.3 KM.
Sandur 36.9 KM.
Schools in and around Hagaribommanahalli
Hagaribommanahalli nearest schools has been listed as follows.
Rastrothana School 1.8 KM.
Koudi Mahanteshwara High School 10.8 KM.
Gov Higher Primary School B G Halli 11.8 KM.
Sree Ranganatha Primary School 13.9 KM.
Govt Primary School 14.1 KM.
Beaches in and around Hagaribommanahalli
Hagaribommanahalli‘s nearest beach is Ennore Beach located at the distance of 487.9
kilometers. Surrounding beaches from Hagaribommanahalli are as follows.
Ennore Beach 487.9 KM.
Thiruvottiyur Beach 489.2 KM.
Marina Beach 492.3 KM.
Santhome Beach 492.7 KM.
Adyar Beach 493.3 KM.
23
3.6 HAGARIBOMMANAHALLItalukData
As per the Population Census 2011 data, following are some quick facts about
HAGARIBOMMANAHALLItaluk.
Total Male Female
Children (Age 0-6) 40,164 20,519 19,645
Literacy 53.26% 54.44% 36.23%
Scheduled Caste 57,638 28,505 29,133
Scheduled Tribe 50,058 24,823 25,235
Illiterate 147,164 61,162 86,002
3.7 Religion-wise Population - HAGARIBOMMANAHALLItaluk
Religion Total Male Female
Hindu 234,571 (87.17%) 116,847 117,724
Muslim 33,333 (12.39%) 16,827 16,506
Christian 633 (0.24%) 308 325
Sikh 39 (0.01%) 21 18
Buddhist 13 (0%) 4 9
Jain 266 (0.1%) 116 150
Other Religion 3 (0%) 2 1
No Religion Specified 246 (0.09%) 121 125
Literacy Rate –HAGARIBOMMANAHALLItaluk

Average literacy rate of HAGARIBOMMANAHALLItaluk in 2011 were 53.26% in
which, male and female literacy were 64.26% and 42.4% respectively. Total literate in
HAGARIBOMMANAHALLItaluk were 121,940 of which male and female were 73,084 and
48,856 respectively.
24
Sex Ratio – HAGARIBOMMANAHALLITaluk
The Sex Ratio of HAGARIBOMMANAHALLI Taluk is 1,005. Thus for every 1000
men there were 1,005 females in HAGARIBOMMANAHALLITaluk. Also as per Census
2011, the Child Sex Ration was 957 which is less than Average Sex Ratio (1,005 ) of
HAGARIBOMMANAHALLITaluk.
Urban/Rural Population – HAGARIBOMMANAHALLITaluk

As per Census 2011, there are total 15,668 families under HAGARIBOMMANAHALLItaluk
living in urban areas while 15,668 families are living within rural areas. Thus around 29.3%
of total population of HAGARIBOMMANAHALLItaluk lives in urban areas while 70.7%
lives under Rural areas. Population of children (0 - 6 years) in urban region is 11,255 while
that in rural region is 28,909.
Total Urban Rural
Population 269,104 78,716 190,388
Children (0 - 6 years) 40,164 11,255 28,909
Schedule Caste 57,638 14,394 43,244
Schedule Tribe 50,058 11,858 38,200
Literacy 53.26% 61.08% 50%
Sex Ratio 1,005 1,003 1,005
25
3.8 Working Population - HAGARIBOMMANAHALLItaluk
In HAGARIBOMMANAHALLItaluk out of total population, 137,866 were engaged
in work activities. 92.7% of workers describe their work as Main Work (Employment or
Earning more than 6 Months) while 7.3% were involved in Marginal activity providing
livelihood for less than 6 months. Of 137,866 workers engaged in Main Work, 35,406 were
cultivators (owner or co-owner) while 63,632 were Agricultural laborers.
Total Male Female
Main Workers 127,853 73,146 54,707
Cultivators 35,406 23,174 12,232
Agriculture Laborer 63,632 27,948 35,684
Household Industries 1,257 817 440
Other Workers 27,558 21,207 6,351
Marginal Workers 10,013 3,891 6,122
Non-Working 131,238 57,209 74,029
26
CHAPTER-4
DATA ANALYSIS AND INTERPRETATION
4.0: INTRODUCTION:
Research analysis is based on the responses given in the questionnaire by the select
general public of HAGARIBOMMANAHALLI city. A detailed and systematic analysis was
done so as to complete information opinion about GST awareness. Every question was
analyzed individually. Firstly the information collect form general public through
questionnaire has classified into different group.Secondly, it is put into the table and analysis
and interpretation has done on the basis of tabulation data.Most of the analysis is done on the
basis of percentage method: most of the analysis is done graphically in the form of bar chart,
in the form of pie charts. All the data analyzed in this chapter is strictly on the basis of the
information obtained from select people of HAGARIBOMMANAHALLI. No personal pre-
conception and judgments have been in the “Discussion and finding”.
Table No.4.1 Shows the Gender of the Respondents
Opinion Respondents Percentage (%) Cumulative (%)
Male 66 66 66
Female 34 34 100
Total 100 100
(Sources: Based on Survey data)
Graph No.4.1 shows the Gender of the Respondents
Gender
150
Axis Title
100 CHAPTER-4
50 CHAPTER-4 CHAPTER-4
DATAANALYSISANDINTERPRETATION
DATA ANALYSIS AND INTERPRETATION DATA ANALYSIS AND INTERPRETATION 4.0:INTRODUCTION
0 4.0: INTRODUCTION 4.0: INTRODUCTION
Responde Percenta Cumulati

nts ge (%) ve (%)
Male 66 66 66
CHAPTER-4
DATA ANALYSIS AND INTERPRETATION
4.0: INTRODUCTION
Female 34 34 100

INTERPRETATION:
From the above table, it is clear that 66% of respondent are male and 34% of
respondents are female.
27
Table No. 4.2: Shows the Age Group of the Respondents
Gender Respondents Percentage % Cumulative (%)

Upto 30 Years 54 54 54
30 to 40 Years 20 20 74
40 to 50 Years 24 24 98
Above 50 Years 2 2 100
Total 100 100
Graph No.4.2: Shows the Age Group of the Respondents
Age Group
100 Table No.2: Age
80 Group of the
60 Respondents
Respondents
40
20 Table No.2: Age
0 Group of the
Upto 30 30 to 40 40 to 50 Above Respondents
Years Years Years 50 Years Percentage %
INTERPRETATION:
From the above graph we can conclude that the 54% of respondents are the 30
years,20% of the respondents are 30 to 40 years,24% of respondent are 40 to 50 years,2% of
the respondents are above 50 years.
28
Table No.4.3: Shows the Marital Status of the Respondents
Marital Status Respondents Percentage % Cumulative (%)

Married 48 48 48
Unmarried 52 52 52
Total 100 100
Graph No.4.3: Shows the Marital Status of the Respondents
33% 34% Respondents

Percentage %
Cumulative (%)
33%
INTERPRETATION:
The following graph shows that the minimum numbers of 52% of respondents are
unmarried and 48% of married respondents towards GST.
29
Table No.4.4: Shows the Education Qualification of the Respondents
Qualification Respondents Percentage % Cumulative

(%)
Upto SSLC 26 26 26
PUC 8 8 34
Graduate 36 36 70
Post Graduate 20 20 90
Professional/Technical 6 6 96
Other Specify 4 4 100
Total 100 100
Graph No.4.4: Shows the Education Qualification of the Respondents
120
Table No.4: Education
100
Qualification of the
80 Respondents
60 Respondents
40
20 Qualification of the
0 Respondents
Percentage %
Qualification of the
Respondents
Cumulative (%)
INTERPRETATION:
The above graph reveals that the 26% of respondents are upto SSLC,8% of
respondents are PUC, 36% of respondents are graduate,20% of respondents are Post
graduate,6% of the respondents are professional/technical, 4% of the respondents are other
specify.So we can conclude that the maximum respondents are graduate.
30
Table No.4.5: Shows the Occupation of the Respondents
Occupation Respondents Percentage % Cumulative

(%)
Govt. job 10 10 10
Private job 28 28 38
Business 10 10 48
Self Employed 26 26 74
Agri-Culturist 18 18 92
Other specify 8 8 100
Total 100 100
Graph No.4.5: Shows the Occupation of the Respondents
10% Govt. job

8% Private job
18%
28%
Business
26% 10% Self Employed
Agri-Culturist
Other specify
INTERPRETATION:
The above graph shows that the maximum respondents are 28% of respondents are in
private job, 26% of Self-employed,18% of respondents are agriculturist. 10% of business
man and remaining 8% of respondents are other specify.
31
Table No.4.6: Shows the Income Level of the Respondents
Income Level Respondents Percentage % Cumulative

(%)
Upto Rs.50000 68 68 68
Rs.50000 to 16 16 84
Rs.100000
Rs.100000 to 8 8 92
Rs.150000
Above Rs.150000 8 8 100
Total 100 100
Graph No. 4.6: Shows the Income Level of the Respondents
250
200 Table No. 6:
Axis Title
68
150 Income Level of
100 68 the Respondents
84 92 100
50 68 Cumulative (%)
16
16 8 8
0 Table No. 6:
Income Level of
the Respondents
Percentage %

INTERPRETATION:
The above graph reveals that the maximum 68% of respondents are earn income upto
Rs.50000,16% of respondents are earn income Rs.50000 to 100000.8% of respondents are
earn income Rs.100000 to 150000 and remaining 8% of respondents earn above Rs.150000.
32
Table No.4.7: Shows the Tax Payers
Opinion Respondents Percentage % Cumulative (%)

Yes 58 58 58
No 42 42 100
Total 100 100
Graph No.4.7: Shows the Tax Payers
200
150
100 No
Yes
50
0
Respondents Percentage % Cumulative (%)
INTERPRETATION:
The above graph shows that the maximum 58% respondents are paying tax and remaining
42% of respondents are not paying tax.
33
Table No.4.8: Shows the Different types of Tax Payers

Income tax 26 26 26
Wealth tax 8 8 34
State GST 30 30 64
Central GST 10 10 74
Others 26 26 100
Total 100 100
Graph No.4.8: Shows the Different types of Tax Payers
100 Table No.8:

80 Different types of
60 Tax Payers
40 Respondents
20 Table No.8:
0 Different types of
Tax Payers
Percentage %
INTERPRETATION:
The above graph conclude that the maximum 30% of respondents are paying state GST,26%
of respondents are paying income tax as well as other tax, and 10% of respondents are paying
central GST and the last 8% of respondents are paying wealth tax.
34
Table No.4.9: Shows the Times of Tax paying
Opinion Respondents Percentage % Cumulative

(%)
Monthly 16 16 16
Quarterly 16 16 32
Half Yearly 14 14 46
Yearly 54 54 100
Total 100 100
Graph No.4.9: Shows the Times of Tax paying
250
200
150 Table No.9:Times of Tax
paying Cumulative (%)
100
50 Table No.9:Times of Tax
paying Percentage %
0
Table No.9:Times of Tax
paying Respondents
INTERPRETATION:
The above graph shows that the maximum 54% of respondents are pay tax yearly,16% of
respondents are paying both monthly and quarterly and14% of respondents are paying tax
half yearly.
35
Table No.10: Shows the Respondents Opinion about hearing about GST

Yes 72 72 72
No 28 28 100
Total 100 100
Graph No.4.10: Shows the Respondents Opinion about hearing about GST
100
50
Yes
0 No
Respondents
Percentage
% Cumulative
(%)
INTERPRETATION:
The above shows that the maximum 72% of respondents heard about GST and 28% of
respondents are not heard about GST.
36
Table No.4.11: Shows the sources of knowing about GST

(%)
Friends & Family 18 18 18
Online Sources 14 14 32
Mass media 44 44 76
Neighbors& 10 10 86
Relatives
Print Media 8 8 94
Other specify 6 6 100
Total 100 100
Graph No.4.11: Shows the sources of knowing about GST
100%
Table No.11:
80% Sources of
60% knowing about
40% GST Cumulative
(%)
20%
0% Table No.11:
Sources of
knowing about
GST Percentage %
INTERPRETATION:
The above graph reveals that the maximum 44% of respondents are knew about GST
through the mass media, and 18% of respondents are knowing about GST through the friends
and family,14% of respondents through online source 10% of respondents through neighbors
and relatives, 8% are through the print media and 6% of respondents through others specify.
37
Table No.4.12: Shows the GST is Fair Tax

Strongly Agree 20 20 20
Agree 54 54 74
Neutral 8 8 82
Disagree 10 10 92
Strongly Disagree 8 8 100
Total 100 100
Graph No.4.12: Shows the GST is Fair Tax
Strongly Agree
8%
Agree
54% 8%
18% Neutral
Disagree
10%
20% Strongly Disagree
INTERPRETATION:
From the above table we can conclude that the maximum 54% of respondents are
agree to GST is fair tax and 20% of respondents strongly agree, 10% of respondents are
disagree , 8% of respondents are both neutral and strongly disagree.
38
Table No.4.13: Shows the Different Rate of GST

Too high 24 24 24
Moderate 10 10 34
Low 54 54 88
Too low 12 12 100
Total 100 100
Graph No.4.13: Shows the Different Rate of GST
100% Table No.4.13:

90% Different Rate of
80% GST Cumulative
70% (%)
60%
50% Table No.4.13:
40% Different Rate of
30% GST Percentage
20% %
10%
Table No.4.13:
0%
Different Rate of
GST Respondents
INTERPRETATION:
The above graph shows that the maximum 54% of respondents are given the opinion
about rate of GST is low and 24% of respondents opinion is too high, 12% of respondents are
too low and last 10% of respondents are moderate.
39
Table No.4.14: Shows the GST Reducing Corruption level

Highly reduces 24 24 24
Moderately reduces 38 38 62
Will not reduce 18 18 80
I Don’t Know 20 20 100
Total 100 100
Graph No.4.14: Shows the GST Reducing Corruption level
100%
80%
60% Table No.4.14: GST
40% Reducing
20% Corruption level
0% Cumulative (%)
Table No.4.14: GST
Reducing
Corruption level
Percentage %
INTERPRETATION:
The above graph reveals that the maximum 38% of respondents are opinioned that the
GST is moderately reduces corruption level. 24% of respondents says highly reduces, 20% of
respondents are says that don’t know and 18% of respondents opinion GST will not reduce
the corruption level.
40
Table No.4.15: Shows the GST will Promote Export

Strongly agree 22 22 22
Agree 22 22 44
Neutral 48 48 92
Disagree 8 8 100
Strongly Disagree 0 0 100
Total 100 100
Graph No.4.15: Shows the GST will Promote Export
200
150
Table No.4.15:
Axis Title
100 GST will

Promote Export
50 Cumulative (%)
0 Table No.4.15:
GST will
Promote Export
Percentage %
INTERPRETATION:
The above graph shows that the maximum 48% of respondents are opinioned neutral
about GST will promote export and 22% of respondents are opinioned both strongly agree
and agree, 8% of respondents are disagree and last 0% of respondents are strongly disagree.
41
Table No. 4.16: Shows the GST will raise Employment opportunity and Boost Growth
of Business.

(%)
Agree 38 38 50
Neutral 28 28 78
Disagree 10 10 88
Strongly 12 12 100
disagree
Total 100 100
Graph No. 4.16: Shows the GST will raise Employment opportunity and Boost Growth
of Business
140
120
100
80 Table No. 4.16: GST
60 will raise
40 Employment
20 opportunity and
0 Boost Growth of
Business
Cumulative (%)
INTERPRETATION:
From the above graph 38% of respondents agreed that GST will raise employment
opportunity and boost growth of business. Similarly 28% of respondents are neutral and 12%
of respondents are strongly agree as well as strongly disagree and remaining 10% of
respondents are disagree.
42
Table No.4.17: Shows the GST Rates will affect more on the Customers Buying Habits

Highly affected 14 14 14
Affected 30 30 44
Neutral 42 42 86
Not affected 6 6 92
Highly not affected 8 8 100
Total 100 100
Graph No.4.17: Shows the GST Rates will affect more on the Customers Buying Habits
100 Table No.4.17: GST

80 Rates will affect
60 more on the
40 Customers Buying
20 Habits Respondents
0
Table No.4.17:…
Highly affected
Affected
Neutral
Not affected
Highly not affected
Table No.4.17: GST

Rates will affect
more on the
Customers Buying
Habits Percentage %
INTERPRETATION:
From the above table we knows that out of 100 respondents, maximum number of
respondents give the positive response about GST rates will affect more on the customers
buying habits, 14% of respondents are says that GST rates highly Effect on the customers
buying habits, 30% of respondents said affected, 42% are neutral. 6% are not affected and 8%
are responded highly not affected on customers buying habits.
43
Table No.4.18: Shows the Beneficiaries of GST

Manufacturers 32 32 32
Retailers 18 18 50
Wholesalers 22 22 72
Consumers 28 28 100
Total 100 100
Graph No.4.18: Shows the Beneficiaries of GST
100
Axis Title
50 Table No.4.18:
Beneficiaries of
0 GST Respondents
Manufacturers
Retailers
Wholesalers
Consumers
Table No.4.18:
Beneficiaries of
GST Percentage
%
Axis Title
INTERPRETATION:
From the above graph we can conclude that manufacturers are enjoying more benefits
from GST at 32%, retailers are 18%, wholesalers are 22% and last ultimate consumers are
using 28% of benefits from GST.
44
Table No.4.19: Shows the GST Effect on Development of Indian Economy

Fully favorable 14 14 14
Favorable 54 54 68
Not favorable 20 20 88
Fully not favorable 12 12 100
Total 100 100
Graph No.4.19: Shows the GST Effect on Development of Indian Economy
120
Fully not
Table No.4.19:
100 Notfavorable, GST Effect on
favorable,100 Development of
80
Favorable,88 Indian Economy
60 68
Favorable, Respondents
54 Table No.4.19:
40
GST Effect on
Not
20 Fully Fully not Development of
favorable,
favorable, Indian Economy
20favorable,
0 14 12 Percentage %
0 2 4 6
INTERPRETATION:
Above table shows that fully favorable peoples are 14% and maximum 54% of
respondents are favorable, 20% of respondents are not favorable and remaining 12% of
peoples are fully not favorable about knowing GST effect on development of Indian
Economy.
45
Table No.4.20: Shows the GST will result Positive impact on Consumer

Agree 40 40 58
Neutral 14 14 72
Disagree 18 18 90
Strongly disagree 10 10 100
Total 100 100
Graph No.4.20: shows the GST will result Positive impact on Consumer
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
0 20 40 60 80 100 120
Table No.4.20: GST will result Positive impact on

Consumer Cumulative (%)
Consumer Percentage %
Consumer Respondents
INTERPRETATION:
Above table reveals that respondents opinion about GST will result positive impact on
consumer. According to this table 40% of respondents have been agree the statement.
Similarly 14% of respondents are neutral, 18% of people strongly agree as well as disagree
remaining respondents are strongly disagree.
46
Table No.4.21: Shows the GST effect on the Price of Goods and Services of the
Customer

Fully favorable 22 22 22
Favorable 50 50 72
Not favorable 18 18 90
Fully not favorable 10 10 100
Total 100 100
Graph No.4.21: Shows the GST effect on the Price of Goods and Services of the
Customer
Fully not Fully
Not favorable favorable
favorable 10% 22%
18%
Favorable
50%
INTERPRETATION:
Table No. 4.21 shows that the GST effect on the price of goods and services of the
customer. Here, 50% of respondents are favorable, 22% of respondents are fully favorable
and 10% of respondents are fully not favorable.
47
CHAPTER 5
FINDINGS, SUGGESTIONS AND CONCLUSION
5.1 SUMMARY OF MAJOR FINDINGS
1) According to survey, out of 100 respondents nearly 54% of respondent are belong age
group up to 30years.
2) According to the survey, the majority of respondents are unmarried people.
3) According to the survey, majority of respondent are having higher education
qualification.
4) According to the survey, the majority of respondent of the people private job.
5) By the field survey the research came to know that 68% of respondents are given the
most of respondent up to 50,000 income level people.
6) Out of 100 respondents 58% the maximum respondent are tax payer.
7) Out of 100 respondents the maximum majority respondents are paying state GST.
8) Most of the respondents are opinion the GST is will be tax paid both monthly and
quarterly.
9) According to survey out of the 100 respondent the 72% of respondent are heard GST.
10) Out of the respondent the maximum respondent 44% of they came to know about
GST through the mass media.
11) Most of the respondent are agree the GST is fair tax.
12) According to survey out of 100 respondent they give a opinion 54% of different rate
of GST it is low.
13) Out of the respondent the maximum respondent 38% of moderately reduce the
reducing corruption level.
14) Most of the respondent are they opinion given both of strongly agree and agree that
the GST promote export.
15) Most of the respondent are agree that the GST will raise employment opportunities
and boost growth of the business.
16) According to survey out of 100 respondent the most of respondent are opinion that the
neutral GST rate will accept more on the customers buying habits.
17) According to survey out of 100, 32% of respondent are beneficiaries of GST are
manufactures.
18) By the field of the survey the researcher came to know the 54% of respondent are
opinion GST system will be affected on the development of India economy is
favorable.
48
19) Most of the respondent are agreed to GST will result in positive impact on customer.
20) According to survey out of 100, 50% of respondent are opinion favourable on that
GST system affected on the price of goods and services of customers.
21) Most of the respondent is neutral to the proposed GST for present legislation.
22) By the field of survey the researcher came to know that 305 of respondent are opinion
satisfactory about compliances under GST system.
23) According to survey 46% of respondent are agreed about understanding of GST.
24) According to survey out of 100, 32% of respondent are dissatisfaction of present GST
system by changing the tax slabs.
5.2 SUGGESTIONS
1. The educated should provide awareness to the general public so as to promote
economic development and overall growth of the nation.
2. It is suggested that the awareness towards GST should be provided to the illiterate
and the women community.
3. The public suggested that should be a smooth, transparent and simple transition
provision which is easily understandable.
4. GST is the future tax. GST law should therefore have forward looking and open for
futuristic businesses such as e-commerce, technology based, IT etc and recognize
internet, digital and economy, start-ups etc..,
5. Special focus on awareness and training of all officer, professionals and assesses
should be given on GST.
6. Since the public are very clear about GST, any disputes on GST introduction should
be proactively addressed by way of speedy redressal of cases.
7. GST can also be used as an effective tool for fiscal policy management.
8. Government will be reduce the price of the goods and service.
9. Present GST system suffering from many limitations hence there is a need to make
necessary reforms is GST system.
10. Lastly, the Government must ensures a good management of the income collected
from GST.
5.2 CONCLUSION
49
GST has been introduced with a motive of development of Indian economy. Everything
that is introduced will attract agitation and unrest among different group of people and they
can easily be overcome by designing programmers to clarify the objections of renowned
economists. GST has already implemented and months are over and instead of lamenting
over it, individuals can plan well and extend their support. Any good can come out only after
a long journey of struggles. The Government should also take necessary steps to create
awareness on GST related issues. GST will sure to have success when the confidence of
every individual Indian citizens have obtained. As India moves towards a dual GST, there
would be a hoard of changes required in the system. To begin with the constitution of India
would need an amendment. In any case, the first test for any tax reform in the country is to
stand the test of constitutional validity. Thus, becomes imperative that the GST is
implemented within the reigns of the constitution. Currently, the Centre is precluded from
taxing purchase or sales of goods. This power has exclusively been preserved in the
Constitution for the States. In turn, The States are preserved in the Constitution for the States.
In turn the States are precluded from the taxation of service. This division of taxation powers
is time worn and goes back to the time the constitution was written with a few amendments to
their credit. The implementation of GST is a changing face of India which is a welcome
move and the government should be well equipped for that which is a symptom of fast paced
economy. A great revolution is yet to take place in the near future in the indirect tax system
i.e. GST, so the general public is almost unaware of the concepts. But, India being a
democratic country should make clear to its citizens about the emerging amendments.
Therefore, it is the need of each and every citizen to have awareness about the new GST.
50
Annexure
1. Name and address of the business
2. Name and contact details of the interviewee
3. Number of members in the tax team

0-5
6-10
 More than 10
4. Whether separate indirect tax team?

 Yes
 No
 Not Applicable
5. If yes number of members in tax team for indirect tax

0-5
 More than 5
 Not Applicable
6. Does the department apply the existing service tax laws fairly?
 Yes
 No
7. Have you faced practical difficulties in compliances under the current

service tax requirements? If yes, give examples
 Yes
 No
8. Is the available legislation in relation to the proposed GST satisfactory or do

you feel need for more clarity?
 Yes - Satisfactory
 No – Need more clarity
9. Do the existing POPS need to be more clear and precise for taxability of
interstate transactions?
 Yes
 No
10. Have you /your clients been subject to audits (CERA/EA 2000/VAT etc.)
51
from the department in relation to service taxes? If yes, were the issues
raised resolved in an appropriate manner?
 Yes
 N
o Issues
Resolved
 Yes
 No
 Not Applicable
11. Do you use the services of external consultants for current service tax matters
 Yes
 No
 Not Applicable
12. Do you see a rise in the demand for your services by clients?
 Yes
 No
 Not Applicable
13. If yes what is the nature of services desired – Advisory or compliance i.e. special
advice or routine work? Which would you rate as more dependent on the external
consultants?
 Advisory (including special advice)
 Compliance (routine)
 Both
 Not Applicable
More External consultant dependent
 Advisory (including special advice)

 Compliance (routine)
 Both
 Not Applicable
14. How much time do you currently spend on service tax compliances? Do you
think this will increase or reduce in the long term with the introduction of GST?
 Less than 25%
 More than 25%
 More than 50%
 Will increase with introduction of GST
 Will decrease with introduction of GST
52
15. Do you think that the current service tax compliances are easier than the
direct tax compliances
 Yes easier than direct tax compliances

 No not easier than direct tax compliances
16. Do you think the existing Cenvat Credit rules are fair? Are the exclusions valid?
 Yes – Fair exclusions valid

 No – Not Fair exclusions not valid
17. Do you think the reversal mandated for the financial service industry is fair?
 Yes
 No
53

Project Final PDF

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Project Final PDF

Uploaded by

Copyright:

Available Formats

A Project Report on

“A STUDY ON LEVEL OF AWARENESS TOWARDS GST WITH SPECIAL REFERENCE TO

SUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENT

FOR THEAWARD OF DEGREE OF

G V P P GOVT FIRST GRADE COLLEGE

Manohar Patel B U - Reg No C1716012

Head of the Department and project Guide

Manohar Patel B U - Reg No C1716012

I sincerely express my deep sense of gratitude to my beloved principal

I will be failing in my duty, if I do not express my sincere thanks to my parents and

This Project is dedicated my Parents,

Save Tree Save Life

01 INTRODUCTION AND RESEARCH DESIGN 1-7

02 CONCEPTUAL FRAMEWORK OF GOODS AND 8-20

03 PROFILE OF THE STUDY 21-26

04 DATA ANALYSIS AND INTERPRETATION 27-47

05 FINDINGS, SUGGESTIONS AND CONCLUSION 48-50

1.4 SIGNIFICANCE OF THE STUDY

1.6 OBJECTIVES OF THE STUDY

1.7 SCOPE OF THE STUDY

1.8 RESEARCH METHODOLOGY

1.8.2 TOOLS FOR COLLECTION OF DATA

1.10 CHAPTER SCHEME

2.2 MEANING OF GST:

2.3 BASIC CONCEPTS UNDER GSTREVERSE CHARGE

IGST charged on the import of goods.

2.4 SALIENT FEATURES OF GST

At the State level, the following taxes are being subsumed:

2.9 GOODS AND SERVICE TAX NETWORK (GSTN)

2.11 FUNCTIONS OF GSTN

2.12 FUNCTIONS OF GSTN

Hagaribommanahalli is a village panchayat located in the Bellary district of Karnataka

Total Male Female

Children (Age 0-6) 40,164 20,519 19,645

Literacy 53.26% 54.44% 36.23%

Scheduled Caste 57,638 28,505 29,133

Scheduled Tribe 50,058 24,823 25,235

Illiterate 147,164 61,162 86,002

3.7 Religion-wise Population - HAGARIBOMMANAHALLItaluk

Religion Total Male Female

Hindu 234,571 (87.17%) 116,847 117,724

Muslim 33,333 (12.39%) 16,827 16,506

Christian 633 (0.24%) 308 325

Jain 266 (0.1%) 116 150

Other Religion 3 (0%) 2 1

No Religion Specified 246 (0.09%) 121 125

Literacy Rate –HAGARIBOMMANAHALLItaluk

Urban/Rural Population – HAGARIBOMMANAHALLITaluk

Total Urban Rural

Population 269,104 78,716 190,388

Children (0 - 6 years) 40,164 11,255 28,909

Schedule Caste 57,638 14,394 43,244

Schedule Tribe 50,058 11,858 38,200

Literacy 53.26% 61.08% 50%

Sex Ratio 1,005 1,003 1,005

Total Male Female

Main Workers 127,853 73,146 54,707

Cultivators 35,406 23,174 12,232

Agriculture Laborer 63,632 27,948 35,684

Household Industries 1,257 817 440

Other Workers 27,558 21,207 6,351

Marginal Workers 10,013 3,891 6,122

Non-Working 131,238 57,209 74,029