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Clarification on TCS liability under Sec 52 of the WBGST Act, 2017 in case of multiple E-commerce Operators in one transaction - GST - States - TRADE CIRCULAR No. 07/2023Extract ..... WBGST Act ), in case of multiple E-commerce Operators (ECOs) in one transaction, in the context of Open Network for Digital Commerce (ONDC). 2.1 In the current platform-centric model of e-commerce, the buyer interface and seller interface are operated by the same ECO. This ECO collects the consideration from the buyer, deducts the TCS under Sec 52 of the WBGST Act, credits the deducted TCS amount to the GST cash ledger of the seller and passes on the balance of the consideration to the seller af ..... x x x x x Extracts x x x x x Clarification on TCS liability under Sec 52 of the WBGST Act, 2017 in case of multiple E-commerce Operators in one transaction - GST - States x x x x x Extracts x x x x x ..... le ECOs are involved in a single transaction of supply of goods or services or both through ECO platform and where the supplier-side ECO himself is not the supplier in the said supply, who is liable for compliances under section 52 including collection of TCS? Clarification : In such a situation where multiple ECOs are involved in a single transaction of supply of goods or services or both through ECO platform and where the supplier-side ECO himself is not the supplier of the said goods or servi ..... x x x x x Extracts x x x x x Clarification on TCS liability under Sec 52 of the WBGST Act, 2017 in case of multiple E-commerce Operators in one transaction - GST - States x x x x x Extracts x x x x x ..... ugh ECO platform and the Supplier-side ECO is himself the supplier of the said supply, who is liable for compliances under section 52 including collection of TCS? Clarification : In such a situation, TCS is to be collected by the Buyer-side ECO while making payment to the supplier for the particular supply being made through it. e.g. Buyer-side ECO collects payment from the buyer, deducts its fees and remits the balance to the supplier (who is itself an ECO as per the definition in Sec 2(45) of ..... x x x x x Extracts x x x x x Clarification on TCS liability under Sec 52 of the WBGST Act, 2017 in case of multiple E-commerce Operators in one transaction - GST - States x x x x x Extracts x x x x x
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