What is applicable on services provided by e-commerce operator?

An e-commerce operator is also defined to include every person who directly or indirectly owns, operates or manages an electronic platform that facilitates the supply of any goods and services. Under the TCS mechanism, an e-commerce company is required to deduct tax the rate of 1\% of net value of taxable supplies.

When should e-commerce operator collect tax at source?

e-Commerce operators have to file GSTR-8 by 10th of the next month in which the tax was collected. This return will only be filed once the tax collected has been deposited to the respective credit of the government. For instance, the due date for GSTR-8 for March 2021 is on 10th April 2021.

Is GST applicable on services provided by e-commerce operator?

e-Commerce aggregators are responsible under the GST law for collecting and depositing tax at the rate of 1\% on each transaction under the Section 52 of the CGST Act. Any dealers/traders selling goods/services online would get the payment after deduction of 1\% tax.

Is GST mandatory for ecommerce?

Yes, registration under GST is mandatory for all e-commerce operators irrespective of the sales turnover. Hence, prior to commencing business as an ecommerce operator or within 30 days of commencing business, all ecommerce operators are required to be registered under GST.

Does e-commerce include supply of goods or services or both including digital products over digital or electronic network?

Answer: Electronic Commerce has been defined in Sec. 2(44) of the CGST Act, 2017 to mean the supply of goods or services or both, including digital products over digital or electronic network.

What is the value of supply of goods and services shall be?

transaction value
The value of a supply of goods and/or services shall be the transaction value, that is the price actually paid or payable for the said supply of goods and/or services where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply.

What do you mean by electronic commerce operator?

Answer: Electronic Commerce Operator has been defined in Sec. 2(45) of the CGST Act, 2017 to mean any person who owns, operates or manages digital or electronic facility or platform for electronic commerce.

What is e-commerce tax?

Ecommerce Sales Tax Defined The term “online sales tax” or “ecommerce sales tax” suggests there’s a special tax for online sales. In fact, online transactions are like other sales: Some are subject to sales tax in some states; some are not. For companies selling across state lines, it also depends on nexus.

When can a supplier making supplies through e-commerce operator opt not to register?

Ans: As per section 10(2)(d) of the CGST Act, 2017, a composition taxpayer cannot make supplies through e-commerce operator….FAQs on Electronic Commerce under Goods and Service Tax.

What is the threshold limit for e-commerce operator?

E-commerce Operators Registration Requirement E-commerce operators have to register regardless of the turnover. Threshold limit of Rs. 20 lakh/10 lakh is not applicable to e-commerce operators.

How is the place of supply of goods other than supply of goods imported or exported from India determined explain with suitable examples?

The place of supply of goods: imported into India will be the location of the importer. exported from India shall be the location outside India….Place of Supply – Imports and Exports.

Which of the following is not an e-commerce operator according to definition of e-commerce operator under GST Act?

As per the above definition a person who is providing a platform for others to sell goods or services is considered an e-commerce operator. A person selling goods or services through his personal website is NOT an e-commerce operator and therefore below provisions do not apply to them.