What is TCS under GST Tax Collected at Source (TCS) under GST means the tax collected by an e-commerce operator from the consideration received by
The goods and services tax transformed the indirect tax system in India by replacing multiple taxes like VAT, excise duty, service tax, etc. with a
Technological advancements, improved connectivity, and internet access across the country have helped develop the e-commerce industry in India. The increased demand for online goods and
E-commerce has transformed the retail marketplace into a digital market, which is convenient and beneficial for sellers, e-commerce operators, consumers, and tax authorities. Along with
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