• Khiali Ram Madhar
• Dr. H.L. Verma

GST also known as the Goods and Services Tax is defined as the giant indirect tax structure designed to support and enhances the economic growth of a country. More than 150 countries have implemented GST so far. However, the idea of GST in India was mooted by Vajpayee government in 2000 and the constitutional amendment for the same was passed by the Loksabha on 6th May 2015 but is yet to be ratified by the Rajyasabha. However, there is a huge hue and cry against its implementation. It would be interesting to understand why this proposed GST regime may hamper the growth and development of the country. Small Scale Enterprises have, generally, been seen as struggling to survive, sometimes due to burden of taxes, sometimes due to Govt. policies (the benefit of which is mostly taken by bigger and well organized sectors) and sometimes due to shortage of funds. To boost the development of Small Industries in India, the Micro, Small and Medium Enterprises Development (MSME) Act was notified in 2006. The Act seeks to facilitate the development of these enterprises as well as the enhancement their competitiveness. It provides the first-ever legal framework for recognition of the concept of enterprise which comprises both manufacturing and service entities. This study will examine the present legal framework under GST pertaining to Small Scale Enterprises in India and will conduct opinion survey of various stake holders on the issues and challenges relating to implementation of GST in Small Scale Enterprises. This paper also analyze the impact of GST on Small Scale Enterprises after the introduction of GST and also suggest a sui¬table legal framework under GST for Small Scale Enterprises in India.

GST, Small Scale Enterprises & NCR Region & Indian Economy

"IMPACT OF GST ON SMALL SCALE ENTERPRISES: A REVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.459-465, June 2019, Available :http://www.jetir.org/papers/JETIR1907526.pdf

"IMPACT OF GST ON SMALL SCALE ENTERPRISES: A REVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp459-465, June 2019, Available at : http://www.jetir.org/papers/JETIR1907526.pdf