CBIC notifies the Rate of Tax Collection at Source for Intra-State Taxable Supplies

Sep 21, 2018 | by Avantis RegTech Legal Research Team

The Central Board of Indirect Taxes and Customs (CBIC) vide Notification dated September 20, 2018 has notified the rate of Tax Collected at Source (TCS) by electronic commerce operator for intra-State supplies under Section 52(1) Central Goods and Services Tax Act, 2017.

The notification states that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of half per cent. of the net value of intra-State taxable supplies made through it by other suppliers where the consideration with respect to such supplies is to be collected by the said operator.

[Notification No. 52/2018 – Central Tax]


URL: http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-52-central-tax-english-new.pdf;jsessionid=0E94E699325B1D6FF5D6528D7779E085


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