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    <title>Collection of tax at source.</title>
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    <description>Electronic commerce operators (not being agents) must collect a government notified percentage on the net value of taxable supplies made through them where they collect consideration, remit collected amounts to the Government within ten days after the month of collection, and file prescribed monthly and annual electronic statements. Suppliers may claim credit of amounts collected as reflected in the operator&#039;s statement. Operator statements will be matched with suppliers&#039; returns; discrepancies communicated and unresolved discrepancies increase the supplier&#039;s output tax liability with interest. Operators must comply with senior official notices to furnish supply and stock details or face penalties.</description>
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    <pubDate>Tue, 27 Jun 2017 13:11:18 +0530</pubDate>
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      <description>Electronic commerce operators (not being agents) must collect a government notified percentage on the net value of taxable supplies made through them where they collect consideration, remit collected amounts to the Government within ten days after the month of collection, and file prescribed monthly and annual electronic statements. Suppliers may claim credit of amounts collected as reflected in the operator&#039;s statement. Operator statements will be matched with suppliers&#039; returns; discrepancies communicated and unresolved discrepancies increase the supplier&#039;s output tax liability with interest. Operators must comply with senior official notices to furnish supply and stock details or face penalties.</description>
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