CBIC / GST notification 02/2018 – Integrated Tax · 20 Sept 2018
Official title
02/2018-Integrated Tax : Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies
Official record
Open source pageSummary
Check the official recordThe Central Government notifies the tax collection at source rate for electronic commerce operators. Every electronic commerce operator, not being an agent, collects tax at a rate of one percent. This rule applies to the net value of inter-State taxable supplies made through the operator. The operator collects this tax when the operator collects the consideration for the supplies.
What you must do
Who is affected
Thresholds
Exceptions
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 02/2018 – Integrated Tax
New Delhi, the 20^th^ September, 2018
G.S.R. …..(E).— In exercise of the powers conferred by the second proviso to section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 52 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of one per cent. of the net value of inter-State taxable supplies made through it by other suppliers where consideration with respect to such supplies is to be collected by the said operator.
[F. No. 349/58/2017-GST(Pt.)]
(Gunjan Kumar Verma)
Under Secretary to the Government of India
