https://www.taxtmi.com/acts?id=30041 Section 52 requires electronic commerce operators who collect payment for other suppliers to collect a prescribed proportion of the net value of taxable supplies, remit the amounts to Government within ten days after the month of collection, and furnish monthly and annual electronic statements detailing outward supplies, returns, and amounts collected. Suppliers may claim credit for amounts collected as reflected in operator statements. Operator-submitted details are matched with suppliers' returns; discrepancies communicated to both may lead to addition of unrectified amounts to the supplier's output tax liability with interest. Authorities may require operators to furnish supply or stock information and penalise non-compliance. en-us Sat, 08 Jul 2017 11:55:27 +0530 Sat, 29 Jul 2017 16:56:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30041 Section 52 requires electronic commerce operators who collect payment for other suppliers to collect a prescribed proportion of the net value of taxable supplies, remit the amounts to Government within ten days after the month of collection, and furnish monthly and annual electronic statements detailing outward supplies, returns, and amounts collected. Suppliers may claim credit for amounts collected as reflected in operator statements. Operator-submitted details are matched with suppliers' returns; discrepancies communicated to both may lead to addition of unrectified amounts to the supplier's output tax liability with interest. Authorities may require operators to furnish supply or stock information and penalise non-compliance. Act-Rules GST - States Sat, 08 Jul 2017 11:55:27 +0530 https://www.taxtmi.com/acts?id=30041