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The Impacts Of Goods And Services Tax (GST) On Middle Income Groups in India
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Goods and services tax GST is an indirect tax that is levied on the supply of different goods and services. It is based on the principle of destination based taxation consumption. The Goods and Service Act fundamentally reshaped the Indian economy. T
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Questio stion naire ire &; mp; Imple mpleme men ntation ion of GST - Public lic Opinio inion n Questio stion nnaire ire
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Home Jatiya Kabi Kazi Nazrul Islam University VJ VJ jkhhj Questionaire & Implementation of GST
Questionaire & Implementation of GST - … SCHOOL
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Public Opinion Questionnaire
Questionnaire Implementation of Goods and Service Tax (GS
Please answer all the questions bellow by putting a tick ( √) beside your best answer. cooperation is highly appreciated.
Part 1 1 Do you think implementing GST will cause higher price of goods & services? (
) Yes
(
) No
2 Which of the following item/service(s) is(are) not subject to GST? Co Cookin oil https://w ww.cour seher o.com /file/10956223/Questionair e- Im plem entation- of- GST/
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Questionaire &; Implementation of GST - Public Opinion Questionnaire
(
) Clinic
(
) Books
3 Do you think all businesses need to be registered under GST? (
) Yes
(
) No
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Questionaire &; Implementation of GST - Public Opinion Questionnaire
Part 1
1st graph show us that 14 peoples believe that GST will create higher price of the go service and 6 peoples believe GST won’t create higher price of goods and service. Th more people believe that GST will lead to higher price because consumer will normal direct connection between the tax and goods and service price which mean when tax in, automatically goods and service price will increase. However, the Ministry of Fin conducted price impact studies to see the effect of GST implementation on 729 t consumer goods and services from 95 industries. These studies showed that based on rate of 4%, the Consumer Price Index is expected to decrease by 0.10 %. Hence, the r show that normal consumer perception was wrong unless they did some research on i
According to second graph, percentage of choosing correct item/services that are not GST, it show that only 2 people fully understand the correct goods and service that ar subject to GST follow by 3 peoples 80% understand, 13 peoples
60% understand a
40% understand. This show that most people are still not clear about the exact list of service which are catogaries and in product under GST. In principle, GST is imposed
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