GST is an indirect tax which was implemented by the Government of India on 1st July 2017. It is a tax system paid by the customers for the goods or services they buy/use. GST is a single taxation system levied on all goods and services. GST will help the economy grow in many ways. This indirect taxation system has some merits and demerits. The GST is levied at different rates like 0%, 5%, 12%, 18% and 28%. The rates of products and services have increased and in the same manner, the rates of a few products and services are decreased due to the introduction of GST. The rates levied on goods and services are acceptable by the people for a few products but they feel it is too high for some goods and services. The taxes collected by the Government are of three forms CGST, SGST and IGST. This paper focuses on the perception of GST by the customers and its impact in Thoothukudi district. It also helps to analyze whether the concept of GST is understood by every citizen of the country in the Thoothukudi District.

GST, taxation, goods, services, economy.