Goods And Services Tax

The introduction of GST would not only guide to the simplification of the tax system but would help eliminate its inbuilt defects. At present the tax structure of India is very complex. Looking to the global development and tax structure of developed countries GST is the need of the hour in India.By amalgamating a large number of central and state taxes in to a single tax it would mitigate cascading or double taxation in a major way and pave the way for a common national market. Further the study reveals that the Perception of Consumers towards Goods and Services Tax in study area.