Impact Of GST On Small and Medium Enterprises
Keywords:
Working Capital Management, Supply Chain Efficiency, Compliance Challenges, Small and Medium Enterprises (SMEs), GSTAbstract
One of the biggest tax reforms in India is the Goods and Services Tax (GST), which aims to increase economic efficiency and establish a single indirect tax structure. GST presented opportunities as well as difficulties for small and medium-sized businesses (SMEs). By analyzing secondary data from government sources, trade journals, scholarly studies, and polls, this study investigates the effects of GST on Indian SMEs. The impact of GST on supply chain operations, working capital, pricing decisions, technology adoption, compliance, and overall competitiveness is assessed in this research. The results demonstrate that although GST improved transparency and streamlined interstate commerce, SMEs still struggle with issues like cash flow constraints, digital literacy, return files, and compliance expenses. Policy ideas to lessen administrative burdens and make GST more SME-friendly are included in the paper's conclusion.
References
Bansal, R., & Kaur, G. (2019). GST and supply chain efficiency in India. Journal of Business Environment, 14(2), 45–57.
Bhagat, P. H., & Shaikh, S. A. (2025). Managing health care in the digital world: A comparative analysis on customers using health care services in Mumbai suburbs and Pune city. IJCRT. Registration ID: IJCRT_216557.
Chattopadhyay, S. (2019). GST and its financial impact on SMEs. Indian Journal of Public Finance, 6(1), 32–41.
Chougle, Z. S., & Shaikh, S. (2022). To understand the impact of Ayurvedic health-care business & its importance during COVID-19 with special reference to “Patanjali Products”. In Proceedings of the National Conference on Sustainability of Business during COVID-19, IJCRT, 10(1),
Garg, P. (2020). Compliance challenges under GST for Indian SMEs. Journal of Taxation and Policy, 8(3), 55–67.
Mehta, A., & Shah, R. (2022). Digital transformation of SMEs under GST regime. International Journal of Digital Commerce, 11(4), 78–89.
Parikh, V. (2023). Whistleblowing in B-Schools, Education and Society, Vol-47, Issue – 1, Pg. 183-189.
Parikh, V. C. (2022) Strategic talent management in education sector around organizational life cycle stages! JOURNAL OF THE ASIATIC SOCIETY OF MUMBAI, SSN: 0972-0766, Vol. XCV, No.11.
Rao, S., & Roy, T. (2021). The e-way bill system and its impact on small businesses. Journal of Logistics Studies, 5(2), 20–34.
Shaikh, S. A. (2024). Empowering Gen Z and Gen Alpha: A comprehensive approach to cultivating future leaders. In Futuristic Trends in Management (IIP Series, Vol. 3, Book 9, Part 2, Chapter 2). IIP Series. https://doi.org/10.58532/V3BHMA9P2CH2
Shaikh, S. A., & Jagirdar, A. H. (2026). Beyond AI dependence: Pedagogical approaches to strengthen student reasoning and analytical skills. In S. Khan & P. Pringuet (Eds.), Empowering learners with AI: Strategies, ethics, and frameworks (Chapter 8, pp. 1–16). IGI Global. https://doi.org/10.4018/979-8-3373-7386-7.ch008
Sharma, V. (2018). GST transition and its implications for SMEs. Journal of Economic Studies, 12(1), 15–26.
Sinha, P., & Kumar, R. (2020). Working capital pressure and GST input credit delays. Indian Finance Review, 9(3), 101–117.
Verma, A. (2019). Competitiveness of SMEs in the post-GST era. Journal of Business and Competition, 7(2), 66–79.
Downloads
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
