COLLECTION OF TAX AT SOURCE (TCS) UNDER GST - Handbook of GST Law & Procedures (CBIC) [October 2024] - GST

16. COLLECTION OF TAX AT SOURCE (TCS) UNDER GST 16.1 Section 52 of the CGST Act, 2017 prescribes collection of tax at source (TCS) by the E-Commerce Operator. The E-Commerce Operator needs to deduct an amount of half percent of the net value of intra-State taxable supplies (0.25% CGST + 0.25% SGST) made through it where the consideration with respect to such supplies is to be collected by the operator. 16.2 The TCS amount is required to be deposited by the E-Commerce Operator to the appropriate GST account, by debiting the electronic cash ledger, by the 10th of the next month, which will be reflected in the electronic cash ledger of the supplier.