• MRIDUL TODI

GST implementation, in India, came with the ‘one nation, one tax’ theme to virtually eliminate the whole bucket of indirect taxes and instead charge a single tax rate throughout the country. France was the first country to implement GST in 1954, and since then about 160 countries have adopted this tax system in one form or another. India, too, on July 1, 2017, joined this group by creating a unified GST platform. This research paper aims at depicting the attitude of Tax practitioners along with their clients, the businessmen of small commercial towns of India towards the impact of GST in easing out business activities. The area of study is Tinsukia, a commercial town of Assam, India. Both primary and secondary data was used in the process of collecting information for the purpose of understanding and studying the apparent impact and human psychology of reluctance and acceptance. The business sector has witnessed a complete transformation in taxation system after GST implementation. The new tax rate slabs are a great respite to the business sector. With compliance procedures moving online, registrations, payments, refunds and returns have become faster. Starting up a new business has become easier. The SMEs can even look forward to expanding their horizons. The e-way bill mechanism shows a high satisfaction index. Logistics costs have reduced and transparency increased. However, merits are not devoid of shortcomings. The research also aims at arriving at suggestive measures to smoothen the transition. This research pertains to this time period and is subject to change as time shall pass. Researches on GST are to be continued to get a gradual in depth analysis and intervention into the Indian Taxation System, THEN, NOW and HENCEFORTH. Such studies would provide the direction to head towards consensus, with the masses with empathy and thus, making it easier for the reformers and the public at large.

GST, Ease of doing business, Tax practitioners, Change and impact

"THE IMPACT OF GOODS & SERVICES TAX (GST) ON THE EASE OF DOING BUSINESS ACCORDING TO THE TAX PRACTITIONERS OF SMALL COMMERCIAL TOWNS OF INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.170-178, February-2019, Available :http://www.jetir.org/papers/JETIR1902329.pdf

"THE IMPACT OF GOODS & SERVICES TAX (GST) ON THE EASE OF DOING BUSINESS ACCORDING TO THE TAX PRACTITIONERS OF SMALL COMMERCIAL TOWNS OF INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp170-178, February-2019, Available at : http://www.jetir.org/papers/JETIR1902329.pdf