Rate Change for Tax Collected at Source (TCS)
Tax Collected at Source (TCS) under GST means the tax collected by an e-commerce operator from the consideration received by it on behalf of the supplier of goods, or services who makes supplies through the operator’s online platform. Earlier, this TCS was collected at a rate of 1% (upto 9th July). However, in the recent […]
GSTR-1/IFF: Introduction of 14A and 15A Tables
It is informed to all taxpayers that as per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new Table 14A and Table 15A have been introduced in GSTR-1 to capture the amendment details of the supplies made through e-commerce operators (ECO) on which e-commerce operators are liable to collect tax under section […]