https://www.taxtmi.com/article/detailed?id=8218 The framework mandates that specified government and notified entities deduct TDS at the prescribed rate from supplier payments above the statutory threshold, exclude GST/cess from the value base, compulsorily register, remit deducted amounts within the monthly deadline, issue an electronic certificate, and file the periodic TDS return so deductees can claim corresponding input tax credit; interest, late fees, recovery and refund mechanisms under the Act apply. Separately, e-commerce operators must collect TCS on net taxable supplies made through their platforms, remit collections within the statutory deadline, file monthly and annual statements, allow collected tax to be credited to suppliers' cash ledgers, and comply with matching, notice and penalty provisions. en-us Thu, 25 Oct 2018 08:47:19 +0530 Thu, 25 Oct 2018 08:47:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8218 The framework mandates that specified government and notified entities deduct TDS at the prescribed rate from supplier payments above the statutory threshold, exclude GST/cess from the value base, compulsorily register, remit deducted amounts within the monthly deadline, issue an electronic certificate, and file the periodic TDS return so deductees can claim corresponding input tax credit; interest, late fees, recovery and refund mechanisms under the Act apply. Separately, e-commerce operators must collect TCS on net taxable supplies made through their platforms, remit collections within the statutory deadline, file monthly and annual statements, allow collected tax to be credited to suppliers' cash ledgers, and comply with matching, notice and penalty provisions. Articles Goods and Services Tax - GST Thu, 25 Oct 2018 08:47:19 +0530 https://www.taxtmi.com/article/detailed?id=8218