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The GSTN that powers India’s new destination based indirect tax, The GST, was never supposed to be a mere online portal for Tax Collection.
The GST law defines strict penalty rules and offences guidelines for Indian taxpayers to follow and ensure frictionless intrastate or interstate goods movement, reduce corruption and efficient tax collection system.
The assumed reduction in GST rates on products like refrigerators, cement and air conditioners may get a hold because revenue collection in February is lower than the other previous months’ tax collections, said PwC’s Partner and Leader Prateek Jain.
The government is concerned regarding the Rs 50,000-crore shortfall generated in goods and services tax collections during the year 2017-18. Although, the government hopes to compensate this shortfall with the collection hike of 67% in the year 2018-19 and expects to cut rates before the 2019 elections.
The GST Council on 21st meeting in Hyderabad, head by Finance Minister Arun Jaitley with state counterparts, stated clearly to start registration for liable persons for tax deduction at source(TDS) and tax collection at source(TCS) from 18th of September.
The GSTR-8 return form is filed by e-commerce companies each month. E-commerce companies are registered under GST regime compulsorily and obtain the registration under tax collection source(TCS).
It seems that a black cloud is hovering over the e-commerce companies as these are most tensed for the clause arose spontaneously from the GST and now they are Searching for revisions in the draft model GST law, India’s e-commerce giants like Amazon, Flipkart and Snapdeal had come together at FICCI to talk about an arrangement in the law related to TCS (tax collection at source) – an arrangement in the Goods and Service Tax.
The newly hyped goods and service tax has taken over various sectors and in the recent time, Flipkart, Amazon India, and Snapdeal collectively restricted tax collection at source (TCS), another system proposed under the model Goods and Services Tax (GST) law to tax merchants on Internet commercial centers.
December 2025 gross Goods and Services Tax collections stood at Rs 1.75 lakh crore, marking a 6.1% rise from the previous year. GST collections have surged in the April-December period of 2025-26, with total collections reaching Rs 16.5 lakh crore, up 8.6 per cent from Rs 15.2 lakh crore in the same period last year. […]
