E-tailers want TCS under GST deferred by three months; govt in no mood to budge

E-commerce companies, fearing dip in festive season sales, have made a strong pitch to push back by three months a plan to tax online marketplaces with a new levy from October 1, but the government is unwilling to accede, top sources told Moneycontrol. According to Goods and Services Tax (GST) related laws, e-commerce companies will have to collect 1 percent as tax collected at source (TCS) for ea…