https://www.taxtmi.com/article/detailed?id=13290 The GST Council recommended that electronic commerce operators need not make proportional reversal of input tax credit when they are liable to pay tax on supplies made through their platform under the marketplace liability mechanism; ECOs remain eligible to claim and utilise ITC for their own supplies, but the tax liability on the specified supplies borne by the ECO must be discharged in cash and cannot be paid using ITC. en-us Sat, 04 Jan 2025 13:50:33 +0530 Sat, 04 Jan 2025 13:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13290 The GST Council recommended that electronic commerce operators need not make proportional reversal of input tax credit when they are liable to pay tax on supplies made through their platform under the marketplace liability mechanism; ECOs remain eligible to claim and utilise ITC for their own supplies, but the tax liability on the specified supplies borne by the ECO must be discharged in cash and cannot be paid using ITC. Articles Goods and Services Tax - GST Sat, 04 Jan 2025 13:50:33 +0530 https://www.taxtmi.com/article/detailed?id=13290