To identify the level of student’s awareness on the implementation of GSTTo identify the level of student’s knowledge on issues of GSTGST (Goods and services Tax), which is called as VAT or value added tax included expense in numerous nations is a multi-arrange utilization impose on goods and services.GST is levied on the supply of goods and services at every phase of the inventory network from the provider up to the retail phase of the distribution. Despite the fact that GST is charge at each level of the inventory network, the expense component does not turn out to be a piece of the cost of the item because GST paid on the business inputs is claimable. GST is an expansive based utilization assess covering all parts of the economy i.e all goods and services made in Malaysia including imports aside from particular goods and services which are apply under zero rate supply and absolved supply arranges as controlled by the Pastor of Back and distributed in the Periodical. The important thing of GST is its highlights the policy which enable the organizations to guarantee their information charge credit by method for programmed reasoning in their bookkeeping framework. This facilitates the authoritative techniques with respect to organizations and the Administration. Therefore, the Administration’s conveyance framework will be additionally upgraded. The implementation of GST in Malaysia is fundamentally planned to accomplish the five primary targets such as:Firstly, to begin with, to upgrade charge consistence and additionally to diminish tax avoidance and duty evasion. Second is to upgrade Malaysia’s assertiveness and to enhance proficiency. Third is to maintain a strategic distance from assess falling, numerous tax collection and exchange estimating predisposition. Forth is to decrease the cost of working together by giving expense credit on business info. Fifth is to actualize self-policing, reduce the bureaucratic formality and to bring down the managerial expenses.There are three types of GST in Malaysia where each category have different rates and method of how to handle each tax. The three (3) type’s categories of GST are Standard Rate, Zero Rate and Exempted GST Rate (Lim Kim Hua, 2013). Standard-rated are charge at a 6% as goods and services which are charged and the tax are pay to the government. Businesses however can reimbursed credit on their inputs provided their tax on input is greater than the tax on output.Another taxes are zero-rated supplies that charged at zero rate tax to taxable goods and services. For example: Any kind of businesses are eligible to claim for input tax credit when they import these supplies and are charged at zero rate. Exempt GST rate are supplies that are non-taxable which are eligible for tax relief. For example such as rice, sugar, salt, flour, cooking oil, lentils, herbs and spices, salted fish etc.In Malaysian context, there are two sorts of expenses (taxes), such as direct taxes and indirect taxes. The direct taxes are collected by the Inland Revenue Board (IRB) and the Royal Malaysian Customs Department (KDM). The taxes cannot be transferable to another person for example, corporate assessment, singular duty, oil expense and stamp obligation are required to charged on people in malaysia. Indirect taxes are another kind of taxes that government include from having tax such as liquor, customs clearance of imported goods including cars and electrical appliances. This taxes can be imposed on a person and this person can transfer the tax burden to other people. Goods and Services tax (GST) is a duty that was recently presented in Malaysia. Before enforce GST, Malaysian duty framework was implemented through Sales Tax Act 1972 (Act 64) and Tax Service 1975 (Act 151). These two enactments were under the control and supervision of Malaysian Customs (Nor Hafizah 2013). The GST purposed is to raise government’s income however it additionally helps low income salary workers to benefit from it.The literature review is carried out before and after the implementation of GST in Malaysia. The study was carried out in May to June 2015 where qualitative study was conducted to small and medium enterprises (SMEs). The study conducted are involved question through face-to-face interview with small and medium enterprise (SMEs) owners of businesses. The result found that mixed results on the attitudes and perceptions of the interviewees towards GST. This study is known to be the first of its kind after the introduction of the GST in Malaysia. It include the perception of fairness regarding the GST system, where GST compliance readiness of businesses and external factors influencing the behavioural intention of taxpayers. Apart from that the findings also highlighted the study which comes from family members, friends and fellow retailers, known as subjective norms (perceived social influence) significantly determine the behavioural intention of taxpayers. The identification of factors influencing the behavioural intention of taxpayers is crucial because taxpayers could be influenced and nurtured to engage in GST-compliance activities over time. International evidence often advocate that GST compliance costs are often regressive and this is particularly true in the case of small businesses when compared to large businesses. Hence, to ensure the GST system is an effective and efficient tool for revenue effort raising.According to Mathew Alappatt 2014, states the reason why Malaysia adopts GST is because of Malaysia try to avoid from one source of income that comes from revenue of oil. Thus the government of Malaysia believes that implement of GST was a stable and sustainable long term source of income which others countries had imposed or implement it by widening the tax based mentioning above. The government of Malaysia can increasing the revenue which the government may provide more socioeconomic Programmes or improvement in terms of technology, hospitality etc. According to Lim K H, 2013 it stated several reason or factor why Malaysia need to implement GST. Since 1988 the government of Malaysia had been in deficit and Agencies are concerned with Malaysia’s mounting fiscal debt. In 2008 United States Financial crisis had impact on others countries such in Asean where the price of oil drop drastically that had impact on Malaysia income and currency as well. These factors makes the government of Malaysia to implement of GST and to attract tourism to come and spend in Malaysia to get as much as possible the income of GST to develop the country and provide facility such as highway, hospitality, infrastructure and public services etc. The needs of GST was depends on consumption habits, spending and implement of GST are relatively stable because it covers all citizens who spend on any goods or services. Also, the tax is levied on all stages of production where wholesalers and distributors, who previously escaped the sales tax, cannot escape the tax now.One of the government objectives is to lessen the economic deficiency by the usage of the GST as the government income will be expanded from the increase of the GST. GST has focal points to certain degree in light of the fact that the income expanded isn’t simply from local people but from the foreigners as well. The collection of the GST can build the income from the tourism business as some income is extracting straight forwardly from tourists where the tourists spend on products and services that made in Malaysia and government income will be develop or increase. In Malaysia most tax revenue comes from personal incomes, corporations and petroleum.Also, the standard of living life to Malaysian consumers and businesses can be enhanced as the government can have more reserve to use for the country improvement purposes in social foundation, for example, wellbeing of public and Institutions, trainings and open offices because of the addition of income from the gathering of GST. Government can accommodate the necessities of the general population, better social insurance framework and give welfare administrations to the underprivileged and helpless groups with the growth of income from the accumulations of GST. The GST, a tax on consumption, would encourage more savings, investments, and job creation. In this way, the presented of GST can enhance the Malaysian way of life by the bigger subsidizing accessible to contribute for existing change and better future advancement.The implement of GST to government of Malaysia also increase in raising personal and corporate income taxes that discourages work performance. Another reason are debt-burdened middle class who was suffering from higher costs of living because of the implement of GST. For example: a family with two daughters normally spend on both of them requires RM300 – RM 400, but after implementation of GST the family needs to spend RM 700. The GST is not also threaten the government but also the people as the spending will be grow and burden of debt will increase. Apart from that the prices for categories of goods and services that fall in the CPI basket such as education, health, recreation and culture, food and non-alcoholic beverages expected to increase owing to the current treatment of these goods and services are not subjected to sales tax or service tax.On top of that the people on fixed income including the majority of elders are vulnerable to high inflation as inflation tends to erode their value income, savings or even social benefits such as pensions money.Even if the government of Malaysia claim that the GST would not burden the businesses due to GST claimable practice. However in fact it will affect the low demand or income in the market due to the high cost of product pass to the end consumers. The businesses need to decrease the supply of goods and services to meet the current condition of lower demand, thus the businesses have to cut down the expenses such as labor cost due to the lower output needed and eventually there might occur high rate of unemployment. Besides, the businesses is not producing in the efficient conditions as they are not maximizing the usage of the machines, rental and etc and all these will lead them to downsize their businesses and eventually lead to the recessions to a country.According to Kasipillai and Sinnakkannu (2008) the GST system will have a direct effect on wealth distribution in three aspects, such as changes in consumers’ expenditure pattern, increased financial burden for households, and the burden of GST on the categories of expenditure. Moreover, the implementation of GST has directly affected society’s welfare and consumers’ daily life. From the interview face to face has been reported that consumers had diverse opinions over the implementation of GST and most of them failed to understand the implications and benefits of GST on goods, services, businesses and socio-economic development.