After 1 year of successful implementation of GST, the government had finally give his nod on the applicability of the provisions related to TCS and TDS under GST with effect from 01.10.2019; all provisions related to TCS are covered under section 52 and Rule 67, 68, 79 & 80.
(A) Effective date of applicability of these provisionsAs per Notification No. 52/2018 of Central Tax dated 20.09.2018, the provisions of TCS have came into force w.e.f. 01.10.2018
(B) Persons required to collect TCS
(C) Meaning of electronic commerce operators
(D) Rate and Manner of Collection of TCS
|Outward Supply||Taxable Value||TCS|
|Interstate supply by supplier||Rs.1,000||--||--||Rs.10|
|Intrastate supply by supplier||Rs.1,000||Rs.5||Rs.5||--|