Tax Collection at Source requires e commerce operators to collect and remit tax on taxable supplies made through their platforms.
Tax Collection at Source requires e commerce operators who collect consideration to collect TCS on the net value of taxable supplies made through their platforms, obtain compulsory registration, remit collected amounts to the appropriate government within the prescribed period, and file monthly and annual statements; TCS is credited to the supplier's electronic cash ledger, exclusions apply for exempt supplies, reverse charge supplies, composition taxpayers and imports, and interest and penalties apply for omissions or incorrect particulars.

TDS under GST requires government deductors to withhold tax on contracts exceeding the taxable-value threshold and comply with registration and return rules.
Tax Deduction at Source under GST requires specified government and public bodies to deduct tax when the taxable component of a contract exceeds the monetary threshold; deductors must register on the GST portal. Deduction applies to payments and advances from the operative date, with differing rates for intra state (CGST/SGST split) and inter state (IGST) supplies. Exclusions include exempt supplies, unregistered suppliers, Schedule III activities, invoices or advances predating the operative date, reverse charge transactions, and cess-only payments. The SOP sets out valuation rules, registration, challan generation, Form GSTR 7 filing procedures, issuance of Form GSTR 7A certificates, and consequences for delayed deposit or non deduction.

Revenue mobilisation for natural calamities: Group to examine modalities for levying cess on state GST and reporting recommendations.
Constitution of a Group of Ministers to examine modalities for mobilising revenue in response to natural calamities and disasters, including proposals to levy a cess on SGST for rehabilitation and relief works; the GoM, comprising the convenor and specified state finance ministers, is tasked to assess levy mechanisms, administrative coordination, and institutional arrangements and to submit recommendations and a report within the prescribed timeframe to inform policy decisions.

Government ownership increase in GSTN transfers private equity to public ownership and mandates board reconstitution.
The Government will acquire non-government equity in the Goods and Services Tax Network, converting GSTN to full government ownership with equal equity between the Centre and the States, and the GSTN Board is authorised to initiate the acquisition process; board composition will be revised to include Centre and State directors, board-nominated independents, a Chairman and a CEO to align governance with the new ownership.

Fraudulent Input Tax Credit issuance leads to arrests and investigation into circular fake invoicing and tax evasion.
Arrests were made in a scheme of fraudulent issuance and utilisation of Input Tax Credit invoices without actual supply, involving circular fake billing, third party year end adjustments in place of invoice wise payments, and fabricated supplies with no movement of goods; searches recovered incriminating documents, investigations continue as the evasion quantum may increase, and the conduct is being treated as a non-bailable cognizable offence under the GST legal framework with some accused absconding.

GST practitioner examination requirement: confirmation exam mandated with specified registration, format, syllabus and administrative conditions.
Confirmation examination requirement for enrollment as Goods and Services Tax Practitioners (GSTPs) is mandated under Rule 83(3); NACIN is authorised to conduct a Computer Based Test with specified registration procedures, fee payment, a help desk, and administrative conditions for continued recognition of eligible GSTPs.

Late fee waiver for delayed GSTR 1 filing extended with revised deadlines and transitional relief for migrating taxpayers.
A one time late fee waiver and extension of due dates for furnishing FORM GSTR 1 for July 2017-September 2018 to 31 October 2018 has been announced, with differentiated treatment for taxpayers above and up to the stated aggregate turnover threshold and specific location based provisions. Separate extensions permit taxpayers migrating under the prescribed procedure to furnish FORM GSTR 1 and file FORM GSTR 3B for July 2017-November 2018 by 31 December 2018. The release cautions that input tax credit claims remain subject to the time bar under section 16(4) of the CGST Act and advises timely filing to protect credit entitlement.

Devolution principles: balancing equity and efficiency in state transfers while accommodating demographic and fiscal performance concerns.
Finance Commission will assess populist schemes in totality, avoid penalising states performing well on demographic and economic fronts, and balance equity and efficiency in intergovernmental transfers. It will make realistic GST revenue projections in consultation with revenue authorities, account for fiscal pressures from urbanisation, migration and ageing, and consider adjustments to vertical and horizontal devolution criteria-including environmental performance, demographic contribution and calibrated treatment for forested and tribal areas-alongside requests for flexible Debt/GSDP norms.

GST: India's destination based dual tax subsuming multiple indirect levies to create a unified national market and preserve ITC chains.
The document summarizes the Indian Goods and Services Tax as a destination based, dual model that subsumes multiple central and state indirect taxes; constitutional amendments (101st Amendment) conferred concurrent GST powers, created the GST Council and IGST apportionment mechanisms, and provided for a multi rate structure, compensation cess and five year revenue protection. It sets out institutional roles (CBIC, GSTN), core features (thresholds, composition scheme, zero rating, ITC cross utilisation), operational measures (e way bill, new return formats) and implementation challenges with remedial measures.

GST on international air tickets undermines carrier competitiveness and conflicts with international aviation norms, raising policy concerns
Levying GST on international air tickets is presented as conflicting with international civil aviation norms and as diminishing airline competitiveness. The commentary emphasizes that imposing GST on tickets for overseas travel departs from established international practice and has adverse competitive effects for carriers. It also identifies related sectoral pressures-jet fuel costs, infrastructure shortcomings, and airport privatisation-that bear on the ability to sustain projected growth in air travel.

GST revenue collection dips as late rate reduction timing and seasonal filing patterns reduce monthly receipts.
Total GST revenue for August 2018 was Rs. 93,960 crore with breakdowns for CGST, SGST, IGST and cess; GSTR 3B filings for July numbered 67 lakh and one State received a filing extension. Post settlement receipts to Centre and States included a provisional settlement and compensation release. The modest decline versus prior months is attributed to late July tax rate reductions that likely delayed purchases and to a recurring seasonal pattern where August typically records a smaller share of annual collections.