Section 52 - Collection of tax at source.

Collection of tax at source: e commerce operators must collect, remit and report tax on supplies made through their platforms.

Every electronic commerce operator (not an agent) must collect an amount at a government notified rate, not exceeding one per cent, of the net value of taxable supplies made through it where consideration is collected by the operator. The operator must remit collections within ten days after month end and file monthly and annual electronic statements detailing outward supplies, returns and amounts collected. Operator and supplier reports are matched; unresolved discrepancies that show higher operator reported values will be added to the supplier's output tax liability, with interest, and authorities may require operators to furnish supply and stock details on notice.