Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-State taxable supplies. - 20/2018 - Karnataka SGST

FINANCE SECRETARIAT NOTIFICATION (20/2018) No. FD 47 CSI. 2017, Bengaluru, dated: 20/09/2018 In exercise of the powers conferred by Sub-Section (1) of Section 52 of the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017), the Government of Karnataka, 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. By Order and in the name of the Governor of Karnataka, NETRAPRABHA M. DHAYAPULE Under Secretary to Government (I/c), Finance Department (C.T- 1).