“IMPACT OF GST ON HALDIRAM’s SMALL AND MEDIUM ENTREPRISES
DIVISION (SMEs) IN MUMBAI”
A project is submitted to
University of Mumbai for partial completion of the
Degree of Bachelor of Commerce
Under the Faculty of Commerce
BY
FYBCOM - A
ROLLNO.
From – 71 to 80
Under the Guidance of
Prof. TABASSUM SHAIKH
“INDRA GANDHI COLLEGE OF ARTS & COMMERCE”
Vikhroli Parksite, Mumbai West – 400079
Academic Year – 2024-25
I
“IMPACT OF GST ON HALDIRAM’s SMALL AND MEDIUM ENTREPRISES
DIVISION (SMEs) IN MUMBAI”
A project is submitted to
University of Mumbai for partial completion of the
Degree of Bachelor of Commerce
Under the Faculty of Commerce
BY
FYBCOM - A
ROLLNO.
From – 71 to 80
Under the Guidance of
Prof. TABASSUM SHAIKH
“INDRA GANDHI COLLEGE OF ARTS & COMMERCE”
Vikhroli Parksite, Mumbai West – 400079
Academic Year – 2024-25
II
INDEX
Page
Chapter No. Title Subsections
No.
1.1 Background of the Topic
1.1.1 Overview of Goods and Services Tax
(GST) in India
1.1.2 Introduction to Haldiram's SME
Division1.1.3 Significance of the Study
Page 1-
Chapter 1 Introduction 1.2 Relevance of the Topic
6
1.2.1 Importance of Haldiram’s SMEs in
Maharashtra’s Economy
1.2.2 The Impact of GST on Tax Structure,
Compliance, and Profitability
1.3 Problem Statement
2.1 Objectives of the Research
2.2 Hypotheses
2.3 Scope of the Research
Page 7-
Chapter 2 Research Methodology 2.4 Limitations of the Study
38
2.5 Data Collection Methods
2.5.1 Primary Data
2.5.2 Secondary Data
Chapter 3 Literature Review 3.1 GST Overview Page
39-57
3.1.1 Historical Evolution of GST in India
3.1.2 Objectives of GST and its Implications
for SMEs3.2 Haldiram’s SME Division
3.2.1 Overview of Haldiram’s Operations
3.2.2 Pre-GST Tax Structure vs Post-GST
Changes
3.3 GST and Food Processing SMEs
Page
Chapter No. Title Subsections
No.
3.3.1 Review of Studies on GST’s Impact on
Food Processing
3.4 Financial Impact of GST on SMEs
3.4.1 Working Capital and Profitability
Analysis
3.5 Gaps in Existing Literature
4.1 Compliance Burden Analysis
4.2 Financial Impact on Haldiram’s SME
Data Analysis, Division
Page
Chapter 4 Interpretation, and
4.3 Operational Efficiency Analysis 58-68
Presentation
4.4 Perception and Adaptability
4.5 Presentation of Findings
5.1 Conclusions
5.1.1 Impact on Compliance and Financial
Health
5.2 Recommendations for Haldiram’s SME
Division
Page
Chapter 5 Conclusions and Suggestions 5.2.1 Reducing Compliance Burden and
69-76
Improving Cash Flow
5.2.2 Suggestions for Digital Tools and
Systems
5.3 Policy Recommendations
5.4 Future Scope of Study
Page
Bibliography
77-78
“INDRA GANDHI COLLEGE OF ARTS &
COMMERCE”
Vikhroli Parksite, Mumbai West – 400079
CERTIFICATE
This is to certify that Ms/Mr From 71-80 has worked and duly completed her/his Project Work for
the degree of Bachelor in Commerce, under the Faculty of Commerce in the subject of
“ACCOUNTANCY AND FINANCIAL MANAGEMENT-1” and her/his project is entitled,
“IMPACT OF GST ON HALDIRAM’s SMALL AND MEDIUM ENTREPRISES DIVISION
(SMEs) IN MUMBAI” under my supervision.
I further certify that the entire work bas been done by the learner under my guidance and that no part
of it has been submitted previously for any Degree or Diploma of any University.
It is his/her own work and facts reported by his/her personal findings and investigations.
Asst.Prof. TABASSUM SHAIKH
Project Guide
Date of submission: December – 2024
IV
“INDRA GANDHI COLLEGE OF ARTS & COMMERCE”
Vikhroli Parksite, Mumbai West – 400079
DECLARATION BY LEARNER
I the undersigned Mr. From 71-80 hereby declare that the work embodied in this project work titled
“IMPACT OF GST ON HALDIRAM’s SMALL AND MEDIUM ENTREPRISES (SMEs)
DIVIDION IN MUMBAI” Forms my own contribution to their search work carried out under the
guidance of Prof. TABASSUM SHAIKH is a result of my own research work and has not been
previously submitted to any other University for any other Degree/ Diploma to this or any other
University.
Wherever reference has been made to previous works of others, it has been clearly indicated as such
and included in the bibliography.
I, here by further declare that all information of this document has been obtained and presented in
accordance with academic rules and ethical conduct.
Certified by Krishna Kanojiya
Asst.Prof. Tabassum Shaikh. Omkar Khair
Karunya Kule
Ayan Kadari
Hannan Khan
V
ACKNOWLEDGEMENT
To list who all have helped me is difficult because they are so numerous and the depth is so
enormous.
I would like to acknowledge the following as being idealistic channels and fresh dimensions in the
completion of this project.
I take this opportunity to thank the University of Mumbai for giving me chance to do this project.
I would like to thank my Principal Rajendra Mahadev Mhatre sir providing the necessary
facilities required for completion of this project.
I would also like to express my sincere gratitude towards my project guide Prof. Tabassum Shaikh
whose guidance and care made the project successful.
I would like to thank my College Computer lab by vidya, for having provided various books and
magazines and even digital materials related to my project.
Lastly, I would like to thank each and every person who directly or indirectly helped me in the
completion of the project especially my Parents and Peers who supported me throughout my
project.
VI
