9911796707
TMI BlogCollection of tax at sourceX X X X Extracts X X X X X X X X Extracts X X X X ..... the operator ) shall, at the time of credit of any amount to the account of the supplier of goods and/or services or at the time of payment of any amount in cash or by any other mode, whichever is earlier, collect an amount, out of the amount payable or paid to the supplier, representing consideration towards the supply of goods and /or services made through it, calculated at such rate as may be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under clause (a) shall contain, inter alia, the details of the amount collected on behalf of each supplier in respect of all supplies of goods and/or services effected through the operator and the details of such supplies during the said calendar month. (5) Any amount collected in accordance with the provisions of this section and paid to the credit of the appropriate Government shall be deeme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... responding details declared by the supplier under section 25, the discrepancy shall be communicated to both persons in the manner and within the time as may be prescribed. (8) The value of a supply relating to any payment in respect of which any discrepancy is communicated under sub-section (7) and which is not rectified by the supplier in his valid return for the month in which discrepancy is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hrough such operator during any period, or (b) stock of goods held by the suppliers making supplies through such operator in the godowns or warehouses, by whatever name called, managed by such operators and declared as additional places of business by such suppliers - as may be specified in the notice. (11) Every operator on whom a notice has been served under sub-section (10) shall furni ..... X X X X Extracts X X X X X X X X Extracts X X X X
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