Impact of Goods and Services Tax on the Performance of MSMEs in Uttarakhand State

Jyotika Kaur, Rupa Khanna, Tanupriya Choudhury

Abstract: GST has been explained as “Good & Simple Tax” by our Honorable Prime Minister Shri Narendra Modi as the reform seeks to achieve simplicity, transparency, and ease in 17 Central and State Indirect Taxes and 23 Cesses were subsumed. The present work was undertaken to study the impact of GST on the performance of MSMEs in the State of Uttarakhand. In view of studying the said problem, a questionnaire schedule was prepared to collect the desired data. The study has been conducted in the districts of Uttarakhand. In this context, statistical tools such as confirmatory factor analysis, reliability and validity test, and regression analysis were used for the purpose of analysis. The findings have therefore established that certain variables such as compliance, cost, market conditions, innovation and learning, and operating activity are some of the factors that determine performance by MSME in the Uttarakhand State. Further the study was limited to the state of Uttarakhand with an emphasis only on the MSME sector. Future studies can be conducted in the larger states which have densely populated MSMEs along with studying impact of the reform on the consumers.

External IDs:doi:10.1007/978-981-96-4104-8_18