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Perception of Consumers towards Deduction through General Sales Tax (GST) in Pakistan: An Empirical Investigation in Pakistan

Author

Listed:
  • Hafiz Mashood Ahmad

    (M.Phil Scholar Department of Islamic Thought and Civilization, University of Management and Technology Lahore, Pakistan)

  • Rukhsar Ahmad

    (M.Phil Scholar Department of Islamic Thought and Civilization, University of Management and Technology Lahore, Pakistan)

  • Samia Rani

    (M.Phil Scholar Department of Islamic Thought and Civilization, University of Management and Technology Lahore, Pakistan)

Abstract

The Goods and Services tax is one of the most discussed topic in Pakistan now a days. The Pakistan Govt. decision to implement the 17% GST on 1st July 2019 has affected every member in the country. Financial issues such as inflation, rising cost of living, economic instability and the implementation of GST have impacted many Pakistan consumers in terms of their spending. However the government has undertaken various efforts to study the effect and impact, to disseminate the information, to educate the public and to improve their understanding on the need of GST in taxation system. Even so at the early stage of implementation the public appears to be confused on the actual operations of the GST system. Many questions and complaints has been reported and lost to the related authorities for further action. This incident raises questions on the level of awareness and knowledge of the people about GST. To get a clearer picture on the degree of public awareness knowledge and understanding of GST in Pakistan, This study will pays specific focus on these areas which are necessary and this study aims to review the consumer’s awareness towards the implementation of GST in Pakistan and its effects on end users.

Suggested Citation

  • Hafiz Mashood Ahmad & Rukhsar Ahmad & Samia Rani, 2019. "Perception of Consumers towards Deduction through General Sales Tax (GST) in Pakistan: An Empirical Investigation in Pakistan," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 5(2), pages 1-7, December.
    • Handle: RePEc:rfh:jprjor:v:5:y:2019:i:2:p:1-7
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