Two years of GST and Ease of Doing Business for MSMEs: Hits outweigh misses

GST as a key step towards One Nation-One Tax in a country with over 17 centre and state tax levies that were replaced, did shake up the entire indirect tax landscape in the massive restructuring drive. Evident changes were made in the way business is conducted, taxes paid, and reports and returns submitted in the post GST era. For a nation of a billion consumers with over 60 million small and medi…