Tax at Source collection by electronic commerce operators requires separate collection from sellers and service providers under GST. Tea Board, as an electronic commerce operator, receives consolidated payments into an escrow account and disburses to sellers for goods and to auctioneers ... Summary
Tax at Source collection by electronic commerce operators requires separate collection from sellers and service providers under GST.
Tea Board, as an electronic commerce operator, receives consolidated payments into an escrow account and disburses to sellers for goods and to auctioneers for brokerage; TCS must be collected at notified rates separately from sellers on the net value of goods and from auctioneers on the net value of services.
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