New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file their return forms relating to taxes to be deducted or collected at source (TDS and TCS) for September to ...
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.
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 ...
Companies argue that eliminating TDS and TCS on GST-covered transactions would not weaken tax enforcement but would significantly simplify compliance, reduce disputes and free up working capital that ...
When no TCS is collected and NIL filing is not mandatory, late fee under GST cannot be levied. Departmental delay in cancellation does not create fresh ...
The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...
Foodtech companies such as Zomato, Swiggy and UberEats are reportedly facing issues in complying with the goods and services tax. The food aggregators are not being able to show tax collected at ...
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 ...