When should the e Commerce operator should collect the TCS , Either once supply is made or consideration is collected?\r\n
Main Category: GST |Sub Category: Others |Reply Count: 1 |
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BMC Associates says Replied on 1st August,2026 04:14 AM
An E-Commerce Operator (ECO) is required to collect Tax Collected at Source (TCS) at the time of credit of the amount to the supplier or at the time of payment, whichever is earlier. However, the TCS is calculated on the net value of taxable supplies made through the e-commerce platform during a tax period, where the consideration is collected by the ECO.
As per Section 52 of the CGST Act, 2017, TCS is not collected merely because the supply has been made. It becomes applicable when the e-commerce operator collects the consideration on behalf of the supplier and credits or pays the amount to the supplier after deducting the applicable TCS.
Therefore, TCS is linked to the collection and settlement of consideration, not merely to the supply of goods or services.
For expert guidance on GST compliance, TCS provisions, and e-commerce taxation, businesses often rely on experienced chartered accountant firms in gurgaon. A qualified chartered accountant gurgaon, trusted ca firm in gurgaon, or professional ca in gurgaon can help ensure accurate GST compliance and timely filing of TCS returns.
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BMC Associates says Replied on 1st August,2026 04:14 AM
An E-Commerce Operator (ECO) is required to collect Tax Collected at Source (TCS) at the time of credit of the amount to the supplier or at the time of payment, whichever is earlier. However, the TCS is calculated on the net value of taxable supplies made through the e-commerce platform during a tax period, where the consideration is collected by the ECO. As per Section 52 of the CGST Act, 2017, TCS is not collected merely because the supply has been made. It becomes applicable when the e-commerce operator collects the consideration on behalf of the supplier and credits or pays the amount to the supplier after deducting the applicable TCS. Therefore, TCS is linked to the collection and settlement of consideration, not merely to the supply of goods or services. For expert guidance on GST compliance, TCS provisions, and e-commerce taxation, businesses often rely on experienced chartered accountant firms in gurgaon. A qualified chartered accountant gurgaon, trusted ca firm in gurgaon, or professional ca in gurgaon can help ensure accurate GST compliance and timely filing of TCS returns.
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