Home Forum Goods and Services Tax - GST Month 5 2021 2021 (5) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
E-Commerce operator liable to deduct TCS and TDS of the Supplier - Goods and Services Tax - GSTExtract Dear Sir/Madam, The company owns a platform which assists in creating Digital Showroom which assist in creating Digital Showroom, Start online selling grow your online shop/Kirena store. Any wholesaler or retailer or a small store owner, you can run your whole e-commerce on online platform. Vendor s will registered in platform by paying certain amount as Subscription fees. After registering in platform, Customers can get access to the online showrooms, online platform. Interested customers can contact directly to the registered vendors to purchase goods or services. The consideration can be paid through the platform or can be directly to vendors like COD. Currently, Company s revenue is only subscription fees collected while registering. Company would like to know the applicability of TDS and TCS provisions under Income Tax and GST Act . Whether company needs to take separate registration for TCS under Section 52 and Deduct TDS of the Seller U/S 194-O ? Thanks
|