• Ms.Deepti Daga
• Mr.P.Ganesh Anand

Goods & Services Tax (GST) was the biggest tax regime implemented by Government of India on 1st July 2017, Goods and Service Tax is an indirect tax levied on the supply of goods and services. GST Law has replaced many indirect tax laws that previously existed in India. There are 3 taxes applicable under GST: CGST, SGST & IGST. The overall idea behind the GST implementation was to simplify the existing complex taxation system. This research tries to understand the effects of GST on micro, small & medium enterprises (MSME).GST will mainly remove the cascading effect on the sale of goods and services. Removal of cascading effect will directly impact the cost of goods. This paper gives an understanding about GST in India & its impact on the Indian Economy .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. The paper primarily focuses on the past and present effect of GST on business organisations and entrepreneurs.

GST, Dual GST, Indian economy and value added tax (VAT), MSME.

"IMPACT OF GST ON SMALL BUSINESS ENTERPRISES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.432-434, February-2019, Available :http://www.jetir.org/papers/JETIRY006081.pdf

"IMPACT OF GST ON SMALL BUSINESS ENTERPRISES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp432-434, February-2019, Available at : http://www.jetir.org/papers/JETIRY006081.pdf