Question

Do a transparent sustace reflects light ? How?

As transparent substance refracts light . But we see a transparent substance

Answer 1

A truly transparent object doesn't reflect any color in the sense that you seem to mean. How we normally "see" transparent objects is by the refraction of light that they cause and the effect on the image of what lies "behind" them. There is, however, a phenomenon called "total internal reflection" where a transparent object can reflect ALL light that approaches its boundary within a certain range of angles. This is what causes the strange reflection you see when looking up from under water near the surface and how fiber optic systems work.