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of <h1>Tea Board of India Must Collect TCS for Electronic Auctions u/s 52 of Himachal Pradesh GST Act 2017.</h1> The Tea Board of India, as an electronic commerce operator, is required to collect Tax at Source (TCS) under section 52 of the Himachal Pradesh Goods and Service Tax Act, 2017. This applies to transactions conducted through its electronic auction system for tea trading. The Tea Board collects payments into an escrow account, from which it pays tea producers for goods and auctioneers for brokerage services. The circular clarifies that TCS should be collected from tea producers on the net value of goods supplied and from auctioneers on the net value of services provided. Trade notices should be issued to disseminate this information.
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