The Impact of GST on the Micro, Small and Medium Enterprises

Authors

  • Dr. V. Gowri Lakshmi*, Dr.G.V.K. Kasturi Assistant Professor, Gitam Institute of Management, Gitam to be University

Abstract

The complex multiple indirect tax system has been replaced by a comprehensive dual
goods and services tax (GST) as of 1 July 2017. It is India’s biggest tax reform ever.
Now we are seeing how this tax reform for Micro, Small Land Medium Enterprises will
reshape our economy and market dynamics. Our country’s Micro Small and Manufacturing
production, Employment and Exports. This paper explores how GST impacts
the country’s micro, small and medium-sized enterprises and what its consequences
are it.

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Published

2020-05-30

Issue

Vol. 9 No. 05 (2020): Innovative Journal of Business and Management

Section

Articles

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