Question

Impact of gst on consumer buying behavior questionnaire

Answer 1

Gst has great impact. It has helped the customer to not get cheated. They are purchasing the goods with no worry at all.

Answer 2

the implementation of Goods and Services Tax (GST) has contributed to the changes in price of consumer goods and services due to the rising cost of production and supplies. This situation may have consequently reduced total demand for consumer products due to decrease purchasing power and change in consumer spending behavior. This study was conducted to investigate the level of understanding of GST and to examine the relationship between the understanding of GST and spending behavior among consumers. Questionnaire-based survey was conducted among 500 Malaysian consumers and 300 valid responses were received at the end of the survey. The result shows that the level of understanding towards GST among consumers is low. There is a significant changes in spending behavior among consumers after the implementation of GST mainly due to an increased in price of goods and services. However, no significant relationship between the level of understanding of GST and spending behavior among consumers was found. This study provides information on consumer feedback and understanding of GST implementation and changes in spending behavior among consumers in regards to GST implementation.
The Implementation of Goods and Services Tax (GST) and Changes in Spending Behavior among Malaysian Consumers.