Small Businesses, Big ReformA Survey of the MSMEs Facing GST

This paper draws evidences from field surveys to bring out the impact of the goods and services tax on the micro, small and medium enterprises by exploring issues of coverage, rate, selection and exemption of taxation, and subsequently, its effect on the competitiveness and viability of these businesses.

The coping mechanisms the units undertook to tide over the crisis they faced as well as the GST Council responses are also discussed.

The goods and services tax (GST) was implemented in India on 1 July 2017 subsuming a number of central and state taxes with the primary objective to simplify the indirect tax structure.

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