Return Provisions in respect of TCS Section 52(4) to 52(7) - GST Ready Reckoner - GST

..... the month of September 2018 but the consideration for the same has been collected in the month of October 2018, then in such cases, TCS will be collected and reported in the return for the month of September 2018. Annual Return in respect Of TCS As per section 52(5) of the CGST Act , An annual statement in Form GSTR 9B needs to be filed electronically before 31st December from the end of the financial year with the following details of the whole financial year Outward supplies of goods or/and .....

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Return Provisions in respect of TCS Section 52(4) to 52(7) - GST Ready Reckoner - GST

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..... he actual date of furnishing of the relevant annual statement, whichever is earlier. Impact Of TCS on Electronic Operator The supplier will receive the consideration for the sale/supply from the e-commerce operator After deduction of TCS as per section 52 of CGST Act and After the deduction of the commission charged by the e-commerce operator for providing the platform for sale. As per section 52(7) of the CGST Act , the TCS collected by an e-commerce operator can be claimed as a credit in t .....

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Return Provisions in respect of TCS Section 52(4) to 52(7) - GST Ready Reckoner - GST

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