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Latest GST clarification on TCS liability in case of Multiple ECOs

Latest GST clarification on TCS liability in case of Multiple ECOs

  • Published on: Jul 25, 2023

Circular No. 194/06/2023

 

Clarification on TCS liability under section 52 in case of multiple e-commerce operators in one transaction:

 

In case, multiple ECOs are involved in a single transaction through:

In case, multiple ECOs are involved in a single transaction through:

  • Open Network for Digital Commerce (ONDC)

In such case, supplier side-ECO will be liable for compliances of section 52, collection of TCS must be done by supplier side-ECO who will finally release the payment to supplier after collecting the same.

  • ECO Platform (Provided that supplier side-ECO is itself a supplier of such supply)

in such case, buyer side-ECO will be liable for compliances of section 52, the collected payment shall be remit by the buyer side-ECO to supplier only after deducting his fees and collecting TCS under section 52

 

 

 

Authored by Vanshika Gupta

Hey, it's Vanshika Gupta, a CA Finalist, who has graduated from Dr. Bhim Rao Ambedkar College, University of Delhi(DU). Working as an Associate II at Nucleus Advisors, I am passionate about indirect taxation and have experience in it. You can reach me at Vanshika.gupta@nucleusadvisors.in or +918445054009.