| Abstract | Goods and Services Tax (GST) plays an important role in the present business
scenario. It replaces the all indirect tax like Sales tax and Value added Tax
(vat) etc., after implementation of GST, it is witnessed that a number of
positive changes has been taken in the fiscal domain of India. GST is making
country. For the purpose of the study both primary and secondary data are
utilized. Primary data have been collected from GST taxpayers by distributing
questionnaires to them. Secondary data have been collected from journals,
magazines, newspaper, books and websites. Convenient sampling method has
been adopted for collecting primary data. Of the 250 questionnaire distributed
to small and medium traders, 246 were found complete in all respect and they
are considered for the study. This study concluded that GST has simplified tax
compliance system and have a positive influence at overall industry by
creating single unified market. For small scale medium traders and startups,
GST has benefited by increasing threshold limit, decreasing cost of logistics
and tax payment simplification.
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