Challenges of Goods and Services Tax during Covid – 19: A Study with reference to Small Business Enterprises of Hyderabad District

Kumaraswamy Mora

Research Scholar, Kakatiya University,

Asistant Professor

Badruka College of Commerce and Arts, Hyderabad

Abstract

Demosthenes says, “Small opportunities are often the beginning of great enterprises”. The Small Business Enterprises are playing a vital role in the nation progress. Small businesses, including those run by businesspersons, are being hit toughest by the economic fall-out of the pandemic. Unprecedented lockdown procedures enacted to hold the spread of the coronavirus have resulted in supply chain interruptions and an enormous drop in demand in most segments and some sections required the more demand. In this time the small enterprises impacted with the rules and compliances of Goods and Services Tax. That may affect the functioning of these enterprises. The present paper is going to depict the condition of small enterprises like Medical Shops challenges during the pandemic in Hyderabad district of Telangna state.

Keywords: Small Business Enterprises, Lockdown, Segments and Goods and Services Tax.

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