Section 52 - Collection of tax at source.

Collection at source: electronic commerce operators must collect and remit a notified rate on taxable supplies and file matching statements.

Section 52 requires electronic commerce operators (not acting as agents) to collect an amount at a government notified rate on the net value of taxable supplies made through them when consideration is collected, remit the amount within ten days after month end, and furnish prescribed electronic monthly and annual statements detailing supplies, returns and amounts collected. Operator statements are matched with supplier returns; discrepancies communicated and unrectified excesses added to the supplier's output tax liability, payable with prescribed interest. Authorities may require additional supply and stock details and penalties apply for non compliance.