Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Tea Board of India Must Collect TCS on Tea and Brokerage Under Gujarat GST Act Section 52.</h1> The Tea Board of India, as an electronic commerce operator for tea auctions, is required to collect Tax at Source (TCS) under section 52 of the Gujarat Goods and Service Tax Act, 2017. The Tea Board manages payments through an escrow account, paying tea producers for goods and auctioneers for brokerage services. Clarification was sought on TCS collection responsibilities. It is clarified that TCS should be collected from tea producers on the net value of tea supplied and from auctioneers on the net value of brokerage services. Any implementation issues should be reported to the Commissioner of State Tax, Gujarat.