WHAT IS TCS IN GST ?.

As per Section 52 of the CGST Act, 2017 the e – commerce operator, not being an agent, is

required to collect an amount calculated at the

rate not exceeding one per cent., as notified by

the Government on the recommendations of

the Council, of the net value of taxable supplies

made through it, where the consideration with

respect to such supplies is to be collected by

such operator. The amount so collected is called

as Tax Collection at Source (TCS).

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