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    <title>Electronic Commerce</title>
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    <description>E commerce operators must register regardless of turnover, collect Tax Collection at Source (TCS) on consideration they collect, remit collected amounts within the prescribed post month period, and file monthly and annual electronic statements. Collected TCS is credited to suppliers&#039; cash ledgers based on operator statements. Authorities will match operator and supplier returns, communicate discrepancies, and add unresolved mismatched supply values to the supplier&#039;s output liability with interest. Designated tax officers may issue notices requiring specified details within a set working day period.</description>
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    <pubDate>Tue, 08 Jan 2019 15:13:00 +0530</pubDate>
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      <description>E commerce operators must register regardless of turnover, collect Tax Collection at Source (TCS) on consideration they collect, remit collected amounts within the prescribed post month period, and file monthly and annual electronic statements. Collected TCS is credited to suppliers&#039; cash ledgers based on operator statements. Authorities will match operator and supplier returns, communicate discrepancies, and add unresolved mismatched supply values to the supplier&#039;s output liability with interest. Designated tax officers may issue notices requiring specified details within a set working day period.</description>
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