CBIC Issued Clarification on TCS Liability in Case of Multiple E-commerce Operators in One Transaction
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- By Chetan Kulasri
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- Last Updated on 19 July, 2023
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Circular No. 194/06/2023-GST dated July 17th, 2023
In the case of the ONDC Network or similar other arrangements, there can be multiple ECOs in a single transaction i.e. one providing an interface to the buyer and the other providing an interface to the seller. Now, the CBIC has issued circular to clarify which ECO should deduct TCS and make other compliances under section 52 of CGST Act in such models having multiple ECOs in a single transaction since both the Buyer-side ECO and the Seller-side ECO qualify as ECOs as per Section 2(45) of the CGST Act.
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