Eye Share : GST on TCS – Right or wrong – Part II

In Part I of his 2 article series, Mr. Prateek Gattani (Advocate) discussed about nature of ‘Tax collected at source’ i.e. whether it’s in nature of levy or merely collection of tax. In Part II, the author dwells on the other aspects pertaining to TCS vis-à-vis Circular issued by CBIC mandating levy of GST on TCS portion.Referring to Article 265 of Constitution of India, author elucidates that it amply clear that levy and collection are di...