The Central Government vide Notification No. 2/2018 – Integrated Tax dated September 20, 2018 has notified that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of 1% of the net value of inter-state taxable supplies made through it by other suppliers where consideration with respect to such supplies is to be collected by the said operator.
Similar notification is also issued for intra-state supplies made through such electronic commerce operator, where TCS shall be collected at the 0.5% for CGST – Notification No. 52/2018 – Central Tax dated September 20, 2018.
It may be noted that earlier vide Notification No. 51/2018 – Central Tax dated September 13, 2018, the Government has appointed the 1st day of October, 2018, as the date on which the provisions of Section 52 of the CGST Act, 2017 (i.e. Collection of tax at source) shall come into force.