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DOI: https://doi.org/10.63345/ijrmp.v13.i7.4
Aman Goel
Research Scholar
Maharaja Agrasen Himalayan Garhwal University
Uttarakhand, India
Dr. Pooja Yadav
Research Guide
Maharaja Agrasen Himalayan Garhwal University
Uttarakhand, India
Abstract— The Goods and Services Tax (GST) represents one of the most significant indirect tax reforms implemented in India, aiming to create a unified national market and improve business efficiency. This study examines the impact of GST on regional business dynamics with particular reference to industries operating in Ghaziabad, a major industrial hub in the National Capital Region (NCR). The research explores how GST has influenced business performance, operational efficiency, compliance requirements, supply chain management, and market competitiveness among manufacturing, trading, service, and MSME sectors. A descriptive research approach is adopted using secondary data obtained from academic studies, government reports, and industry analyses. The findings indicate that GST has contributed to greater tax transparency, reduction in cascading taxation, and improved inter-state trade opportunities. Businesses have benefited from streamlined tax structures and enhanced formalization of economic activities. However, challenges related to compliance costs, technological adaptation, working capital management, and frequent regulatory updates continue to affect small and medium-sized enterprises. The study further reveals that the extent of GST’s impact varies across industries depending on organizational size, digital readiness, and operational capabilities. Overall, GST has emerged as a transformative reform that has strengthened the business environment while simultaneously requiring enterprises to adapt to a more structured and technology-driven taxation framework. The study provides insights for policymakers and industry stakeholders seeking to enhance regional industrial growth and business sustainability.
Keywords— GST, Regional Business Dynamics, Manufacturing Industries, Business Performance, Tax Reforms, Ghaziabad, Economic Growth
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