On 18th June, Don Bosco Tech - Chandigarh hosted an engaging and highly insightful guest lecture on Goods and Services Tax (GST), specially tailored for the E-Commerce students of DB Tech. The session, led by Mr. Sangat, a dedicated M.Com postgraduate student, was a remarkable opportunity for attendees to dive deep into the complexities and real-world applications of GST in the booming e-commerce sector.
From the very start, Mr. Sangat captivated the audience by unraveling the history and rationale behind GST’s introduction in India—how it revolutionized the taxation landscape by replacing a tangled maze of indirect taxes like VAT, service tax, and excise duty with a streamlined, unified system. His detailed explanation of the three key components of GST—CGST, SGST, and IGST—shed light on their specific roles in intra-state and inter-state transactions, clarifying concepts often seen as confusing.
What truly made the lecture memorable was the focus on e-commerce’s unique challenges under GST. Students discovered the critical requirement that all online sellers must register for GST irrespective of turnover, a notable divergence from traditional business rules. Real-world examples involving major platforms like Amazon, Flipkart, and Meesho illuminated how GST affects sellers’ operations, compliance, and pricing strategies in practical terms.
The interactive format kept students deeply engaged, sparking thought-provoking questions on GST returns, input tax credits, and filing procedures. Mr. Sangat’s clear, example-driven responses not only answered queries but also brought the theoretical knowledge to life, making complex tax regulations accessible and relevant.
This lecture was more than just a lesson—it was a transformative learning experience that bridged academic theory with practical insights. It empowered students with fresh knowledge that will serve as a foundation for navigating the evolving financial and legal landscape of digital commerce. The session left a lasting impression, inspiring attendees to stay proactive and informed about taxation laws that shape their future careers.
In summary, the 18th June guest lecture at Don Bosco Tech was a truly valuable and enriching event, one that equipped students with a nuanced understanding of GST’s pivotal role in the e-commerce industry—making it an unforgettable milestone in their educational journey.