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of <h1>Tea Board of India to Collect Tax at Source on Tea Sales and Brokerage u/s 52.</h1> The Tea Board of India, as the operator of the electronic auction system for tea trading, is classified as an electronic commerce operator required to collect Tax at Source (TCS) under section 52 of the Karnataka Goods and Service Tax Act, 2017. Participants include sellers (tea producers) and auctioneers. Payments are made to an escrow account managed by the Tea Board, which then pays sellers and auctioneers for their goods and services. The Tea Board sought clarification on TCS collection, and it was clarified that TCS should be collected from sellers on the net value of tea and from auctioneers on brokerage services. Difficulties in implementation should be reported to the office. This circular aligns with a previous central circular and is effective from the same date.
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