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    <title>Frequently Asked Questions on TCS under GST (Updated as on 30.11.2018)</title>
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    <description>TCS under GST requires e commerce operators to collect tax on the net value of taxable supplies made through their platforms where the operator collects consideration, computed at the supplier&#039;s GSTIN level after adjusting returns. Operators must obtain TCS registration in each State/UT, remit collections within ten days after month end, file monthly FORM GSTR 8 and annual FORM GSTR 9B, and cannot pay TCS from their input tax credit. Collected amounts are credited to suppliers&#039; electronic cash ledgers and usable against their tax liabilities; interest and penalties apply for omissions or incorrect particulars.</description>
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    <pubDate>Mon, 07 Jan 2019 14:57:00 +0530</pubDate>
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