E-Commerce in India had grown and matured considerably over the last 5-6 years. Customer’s expectations in terms of delivery speed had reduced considerably in the due course. The customers are expecting product deliveries on the same day or within 1-3 days after placing orders. For example, Same/Next Day delivery offering by Amazon under Amazon Prime
As we all know, TCS (Tax Collected at Source) under Section-52 of CGST Act, 2017 came into force starting from 01 Oct 2018. Since this is the first month of Filing GST Returns after implementation of Tax Collected at Source, I’m getting lots of queries on (?) how to claim it (?) how to utilize the TCS Credits (?) who should file