A summary of GST TCS provisions for e-commerce operators, covering collection, deposit, returns, exemptions, and compliance ...

The IT major TCS alone received half dozen demand notices from Chennai, Goa, Visakhapatnam, Uttar Pradesh and Bengaluru. The Vishakapatnam GST office levied the highest demand of Rs 1.17 crore on TCS.

TCS under GST from today; A critical step for e-commerce players Flipkart, Amazon, here’s why Every electronic commerce operator (“operator”), who is not an agent, is eligible to collect TCS at ...

TDS and TCS have impacted various sectors under GST, which will be discussed below. This article covers the following topics: Tax Collected at Source (TCS) is applicable at a rate of . Brands ...

FICCI welcomes the policy announcement of deferment of Tax Collection at Source (TCS) Provision Under GST”. “TCS would have a direct impact on the sellers of the marketplace, who are generally small ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that for the purpose of calculation of GST on a particular good, the tax collected at source (TCS) would not be included in the ...

Gold Rate of 18, 22 and 24 Carat in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: As of today, gold prices in India are ...

The Goods and Services Tax (GST) Council is set to give more clarity on the suppliers’ tax collected at source (TCS) liability on the Open Network Digital Commerce (ONDC) on July 11.

The GST Council, at its 21st meeting in Hyderabad, decided to open registration of persons liable to deduct TDS and TCS from 18 September. As per the Central GST (CGST) Act, the notified entities ...

TDS, TCS for GST kick-in from October 1: Deduction, registration, compliance, challenges – All you need to know The GST law requires TDS to be deducted by certain specified Government bodies ...