TCS in GST u/s 52

[milan bamal]

Hello Team,

Definition as per Section 52 (Collection of tax at source)

(1) Notwithstanding anything to the contrary contained in this Act, every electronic commerce operator (hereafter in this section referred to as the "operator"), not being an agent, shall collect an amount calculated at such rate not exceeding one per cent., as may be notified by the Government on the recommendations of the Council, of the net value of taxable supplies made through it by other suppliers where the consideration with respect to such supplies is to be collected by the operator.

As per above definition Electronic commerce operator collect TCS and deduct from payment.

So my question is that Electronic commerce operator should calculate TCS amount on basic value or including GST amount value(Bill Value).

*As in income tax act, TCS it is collected on the total invoice value*

What's procedure of calculation of TCS under GST

AI Summary

Tax Collected at Source under GST is computed on the net taxable value excluding GST for operator collected payments.
Electronic commerce operators must collect TCS on the net value of taxable supplies made through them, with that net value interpreted as exclusive of GST under GST valuation principles and administrative clarifications; TCS is therefore calculated on the taxable value before GST and adjusted for returns or refunds.