According to the GST law, every ecommerce operator is required to collect TCS at 1% of the taxable value of goods or services sold through its platform The confusion on the liability of the TCS ...

The central government has finally rolled out the onerous tax collected at source (TCS) provisions on Thursday (September 14) which was kept in suspension since the introduction of GST in July 2017.

E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with ...