TCS in case of E Commerce operator


Section 52 requires every electronic commerce operator not being an agent, to collect an amount calculated at notified rate not exceeding one per cent of the net value of taxable supplies made through it by other suppliers where the consideration with respect to such supplies is to be collected by the operator.

For the purpose of above provision, “net value of taxable supplies” shall mean aggregate value of taxable supplies of goods or services or both, other than services notified under sub-section (5) of section 9, made during any month by all registered persons through the operator reduced by the aggregate value of taxable supplies returned to the suppliers during the said month.

Payment of Tax so collected and return thereof has to be submitted within ten days after the end of the month in which such collection is made.


Further, every operator who collects the amount specified in sub-section (1) shall furnish an annual statement, electronically, containing the details of outward supplies of goods or services or both effected through it, including the supplies of goods or services or both returned through it, and the amount collected under the said sub-section during the financial year, in such form and manner as may be prescribed, before the thirty first day of December following the end of such financial year.



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