Consequences of GST for Micro, Small And Medium Enterprises

Abstract

The tax on goods and services (GST) is one of the most important issues since its introduction in India. GST, despite the many responses received from general practitioners and the general public and the main business and actually implemented in April 2015. The new tax policy that has been introduced has led to a change of state, especially in tax administration systems and business transactions. That is why this study investigates the impact of GST implementation on micro and small companies.

Keywords: Goods and services tax, Micro, Small business, India.