A Study on Impacts of GST on Small Business in Tamil Nadu
Author : Sakthi Sandhiya R and Dr. MD Chinnu
Abstract :
The introduction of the Goods and Services Tax (GST) in India was intended to simplify the indirect tax system, but its impact has not been uniform across all sectors. Small businesses in Tamil Nadu face a mismatch between GST’s intended benefits and the practical challenges of compliance. This paper studies the issue from the perspective of small enterprises, focusing on how GST has influenced their operational costs and tax compliance. The aim is to evaluate both the challenges and advantages of GST for small businesses. Using secondary data review, government policy analysis, and existing literature, the research highlights that GST has increased compliance burdens and working capital constraints. The study concludes that supportive policy measures and capacity-building are essential for small businesses to adapt and benefit fully under the GST regime.
Keywords :
GST, Small Businesses, Tamil Nadu, Compliance, Operational Costs, Challenges, Policy Analysis, Working Capital, etc.
