Question 9 - What is the time within which such TCS is to be remitted by the e-commerce operator to Government account? Is the operator required to file any returns for this purpose?
FAQ on GST dated 21.9.2016 based on Draft Model GST Chapter 8 Electronic Commerce
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
TCS remittance deadlines require e commerce operators to remit collected tax promptly and file electronic supplier statements. E commerce operators must remit TCS amounts to the appropriate government account within ten days after the end of the month in which the amounts were ... Summary
TCS remittance deadlines require e commerce operators to remit collected tax promptly and file electronic supplier statements.
E commerce operators must remit TCS amounts to the appropriate government account within ten days after the end of the month in which the amounts were collected, and must electronically file a monthly Statement within ten days of the end of the calendar month listing actual suppliers, their respective supplies, and amounts collected on their behalf; the form and manner of the Statement will be prescribed in the GST Rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.