Gst Implementation And Its Effects On Small And Medium Enterprises (smes) In India

• Author(s):

  Saran R A | Dr. Shrinivas Patil

• Keywords:

  GST, SMEs, Financial Performance, Compliance Costs, Digital Adoption, Working Capital Management, Revenue Expansion, Taxation Policy, India, Statistical Analysis.

• Abstract:

  The Goods And Services Tax (GST) Was Introduced In India In 2017 As A Unified Tax Framework Aimed At Improving Compliance, Transparency, And Efficiency In Business Operations. While Large Enterprises Have Adjusted Well To GST, Small And Medium Enterprises (SMEs) Have Faced Significant Challenges, Particularly In Compliance Costs, Digital Adoption, And Working Capital Management. This Study Investigates The Impact Of GST On SMEs Through An Empirical Analysis Of 50 Indian SMEs Across Various Sectors. Using Statistical Techniques Such As Paired T-tests, Regression Analysis, And Revenue Trend Visualization, This Research Examines Financial Performance, Compliance Burdens, And Revenue Expansion Trends Pre- And Post-GST. The Findings Indicate That GST Has Significantly Improved Profitability And Working Capital Efficiency While Posing Initial Compliance Challenges. The Study Provides Insights Into Policy Enhancements And Strategic Recommendations For SMEs To Leverage GST Effectively.

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Other Details

• Paper id:

  IJSARTV11I4103002

• Published in:

  Volume: 11 Issue: 4 April 2025

• Publication Date:

  2025-04-04

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