Collection of tax at source by Tea Board of India.

Tax at Source collection required by e commerce operator: Tea Board must collect TCS from sellers and auctioneers.

Tea Board, as the operator of the electronic auction system, is an e commerce operator required to collect Tax at Source under section 52 of the Assam GST Act. Buyers pay a consolidated sum into an escrow account; Tea Board disburses to sellers for supply of goods and to auctioneers for brokerage only. TCS must be collected separately at the notified rate from sellers on the net value of goods and from auctioneers on the net value of services. The circular is clarificatory and issued for uniform implementation under section 168.