The impact of goods and services tax on:- Micro, mediom and small entreprises of India

A comprehensive dual Goods and Services Tax (GST) has replaced the complex multiple indirect tax structure from 1 July 2017.It is the biggest tax reform ever happened in India. Now we are witnessing, how this tax reform reshapes our economy and business dynamics for Micro, Small and Medium Enterprises. The Micro Small and Medium Enterprises sector is a major constituent of our economy and contributes significantly to manufacturing output, employment and exports of our country.

This research tries to understand the effects of GST on micro, small & medium enterprises (MSME). Both positive & negative impacts have been found and noted. The paper has tried to make an attempt to discuss the problem faced back then & still how the businesses are managing after the effect of the GST