GST TCS Collection Rates Applicable for E-com Operators for Inter/ Intra-state Supplies, notified by CBIC

GST TCS Collection Rates Applicable for E-com Operators for Inter-state/ Intra-state Supplies, notified by CBIC

CBIC has notified the ‘GST TCS Collection Rates’, i.e. 1%/ 0.5% of net value, applicable for ‘E-commerce Operators’ (not being agents) on Inter-state/ Intra-state Supplies made through it by other suppliers where consideration with respect to such supplies is to be collected by such operator. It may be noted that TCS provisions under Section 52 of the CGST Act, 2017 are applicable w.e.f. 1 Oct. 2018, as notified by the CBIC earlier.

GST TCS by E-com Operators @ 0.5%on Intra-state Supplies: CBIC Notification No. 52/2018 Central Tax dt. 20 Sept. 2018 

G.S.R. …..(E).- In exercise of the powers conferred by sub-section (1) of section 52 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of half per cent. of the net value of intra-State taxable supplies made through it by other suppliers where the consideration with respect to such supplies is to be collected by the said operator.

GST TCS by E-com Operators @ 1% on Inter-state Supplies: CBIC Notification No. 02/2018 Integrated Tax dt. 20 Sept. 2018

G.S.R. …..(E).- In exercise of the powers conferred by the second proviso to section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 52 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of one per cent. of the net value of inter-State taxable supplies made through it by other suppliers where consideration with respect to such supplies is to be collected by the said operator.

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