E-commerce have to deduct 1% TCS under GST
On 20th September, the Government of India notified that E-commerce operators will have to start deducting 1 % TCS(tax collected at source). The TCS provision will be levied from October 1st. This deduction would have to do before making payments to the suppliers. Furthermore, Every e-commerce operator needs to obtain a separate registration Under the GST Act. The Center Board of Indirect Taxes and Customs(CBIC) said, both domestic and foreign E-commerce operators must have to register in each state/UT. In the state, [...]