The GST Council on July 11 is expected to clarify on the TCS liability of suppliers engaged in ecommerce trading through Open Network Digital Commerce in cases where multiple operators are involved in ...

New Delhi, Jun 26 () With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ...

Tata Consultancy Services, Deloitte Touche, EY and Tally Solutions were among the 34 firms short-listed today to provide interface between the new Goods and Services Tax (GST) server and taxpayers.

It’s something that the taxman loves but businesses and individuals often find cumbersome. With finance ministers routinely adding transactions requiring tax deduction at source (TDS) or tax collected ...

The GST Council may consider a proposal to make biometric check must for all new registration. It is also likely to recommend cutting TCS (Tax Collected at Source) rate to half on e-commerce operators ...

Mumbai: Top Information Technology (IT) companies including Tata Consultancy Services (TCS), Infosys, Tech Mahindra and LTI Mindtree have been slapped with over two dozen GST penalty and tax demand ...

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 ...

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 Goods and Services Tax (GST) Council is set to clarify the Tax Collected at Source (TCS) liability of e-commerce suppliers on 11 July. The announcement comes as part of a discussion about the Open ...