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of <h1>E-commerce platforms must collect 1% TCS under GST; registration required for operators and suppliers, regardless of turnover.</h1> Tax Collection at Source (TCS) under GST requires electronic commerce operators to collect a 1% tax from suppliers when goods or services are sold through their platforms. Both operators and suppliers must register under GST, regardless of turnover. Operators must deposit collected tax by the 10th of the following month and submit monthly and annual statements. The tax collected is credited to the supplier's cash ledger, and details must match between operators and suppliers to avoid discrepancies. Operators may face penalties for non-compliance, and TCS provisions were postponed until March 31, 2018, by the GST Council.
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