Category: E-Commerce transactions

1. The details of supplies furnished by every operator in his statement for the month will be matched with the corresponding details of outward supplies furnished by the concerned supplier in his valid return for the same month or
   any preceding month.
2. Where the details of outward supplies declared by the operator in his statement do not match with the corresponding details declared by the supplier, the discrepancy shall be communicated to both persons. (Refer to
   Section 52(8) and Section 52(9) of the CGST Act, 2017).

(FAQ 15: E-COMMERCE)

1. Yes, every operator is required to furnish a statement, electronically, containing the details of outward supplies of goods or services effected through it, including the supplies of goods or services returned through it, and the amount collected by it as TCS during a month within ten days after the end of such month.
2. The statement will be filed in FORM GSTR-8. The operator is also required to file an annual statement by 31st day of December following the end of the financial year in which the tax was collected. (Refer to Section 52(4) and Section 52(5) of the CGST Act, 2017).

(FAQ 14: E-COMMERCE)

The amount of TCS paid by the operator to the government will be reflected in the GSTR-2 of the actual registered supplier (on whose account such collection has been made) on the basis of the statement filed by the operator. The same can be used at the time of discharge of tax liability in respect of the supplies made by the actual supplier. (Refer to Section 52(7) of the CGST Act, 2017).

(FAQ 13: E-COMMERCE)

The amount collected by the operator is to be paid to the government within 10 days after the end of the month in which amount was so collected. (Refer to Section 52(3) of the CGST Act, 2017).

(FAQ 12: E-COMMERCE)

The e-commerce operator should make the collection during the month in which the consideration amount is collected from the recipient.

(FAQ 11: E-COMMERCE)

Yes, every e-commerce operator (other than an operator required to pay tax under section 9(5) of the CGST Act, 2017) is required to collect tax where consideration with respect to a taxable supply is collected by such e-commerce operator. (Refer to Section 52(1) of the CGST Act, 2017).

(FAQ 10: E-COMMERCE)

The “net value of taxable supplies” means the aggregate value of taxable supplies of goods or services or both, other than the services on which entire tax is payable by the e-commerce operator, made during any month by all
registered persons through such operator reduced by the aggregate value of taxable supplies returned to the suppliers during the said month. (Refer to Explanation to Section 52(1) of the CGST Act, 2017).

(FAQ 9: E-COMMERCE)

1. An e-commerce company is required to collect tax only on the net value of taxable supplies.
2. In other words, the value of supplies which are returned are adjusted in the
   aggregate value of taxable supplies. (Refer to Explanation to Sec. 52(1) of the CGST Act, 2017).

(FAQ 8: E-COMMERCE)

1. The e-commerce operator is required to collect an amount at the rate of one percent (0.5% CGST + 0.5% SGST) of the net value of taxable supplies made through it, where the consideration with respect to such supplies is to be collected by such operator.
2. The amount so collected is called as Tax Collection at Source (TCS). (Refer to Section 52(1) of the CGSTAct, 2017).

(FAQ 7: E-COMMERCE)

No. Threshold exemption is not available to e-commerce operators who are required to pay tax on notified services supplied through them.

(FAQ 6: E-COMMERCE)