GST compliance for Online Retailer, Goods and Services Tax - GST

[venkat narayan]

Dear Sir

For those sellers who are registered to sell thru market place like Flipkart, how will the TCS as deducted by them will be offset. Reason being, we are selling & collecting GST / IGST using different HSN codes however when TDS deducted it will be under different SAC code

Pls advise

Regs

Posts / Replies

[vijay kumar]

Section 52 is yet to be notified. In any case, once it is deducted and return is filed by the deductor, it will be auto reflected in your electronic cash ledger, which you can utilize for payment of GST.