Important Keyword: Notification 12/2018 UTGST, TCS intra UT GST, 0.5% TCS GST India, e-commerce GST UT compliance, GSTR-8 filing India, UTGST TCS rate 2018,
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Table of Contents
[F. No. S. 31011/25/2017-ST-I-DoR]
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 28th September, 2018
Saka 1940
Notification No. 12/2018 - Union Territory Tax: Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-union territory (without legislature) taxable supplies.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
G.S.R. …… (E).- In exercise of the powers conferred by sub-section (1) of Section 22 read with Section 21 of Union Territory Goods and Services Tax Act, 2017 (14 of the 2017) and sub-section (1) of Section 52 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies that every electronic commerce operator, not being an agent, shall collect an amount calculated at a rate of half per cent. of the net value of intra- Union Territory (without legislature) taxable supplies made through it by other suppliers where the consideration with respect to such supplies is to be collected by the said operator.
2. This notification shall come into force with effect from the 1st day of October, 2018.
(Rajendra Kumar)
Under Secretary to the
Govt. of India
📚 Frequently Asked Questions (FAQs): Notification No. 12/2018 – Union Territory Tax
Q1: What is Notification No. 12/2018 - Union Territory Tax?
Answer:
It notifies 0.5% TCS rate for intra-UT taxable supplies through e-commerce operators. 12
Q2: What is the TCS rate for intra-UT supplies?
Answer:
0.5% of net value of taxable supplies. 12
Q3: From when is it effective?
Answer:
1 October 2018. 12
Q4: Who must collect TCS?
Answer:
Electronic commerce operators (not agents).
Q5: Is TCS applicable on exempt goods?
Answer:
No, only taxable supplies.
Q6: What is net value of taxable supplies?
Answer:
Total taxable supplies through operator minus returns in same month.
Q7: Can seller claim TCS credit?
Answer:
Yes, credited to electronic cash ledger.
Q8: Is TCS applicable if operator doesn’t collect payment?
Answer:
No.
Q9: Is GST registration mandatory for e-commerce sellers?
Answer:
Yes, generally mandatory regardless of turnover.
Q10: What return is filed for TCS?
Answer:
GSTR-8.
Q11: Is TCS same as TDS under GST?
Answer:
No, TDS applies to Government departments; TCS applies to e-commerce operators.
Q12: What if operator fails to collect TCS?
Answer:
Liable for interest and penalty under GST law.
Q13: Does this apply to Delhi or Puducherry?
Answer:
No, only UTs without legislature.
Q14: Is TCS calculated on GST-inclusive value?
Answer:
Calculated on net value of taxable supplies.
Q15: Where can I get GST compliance help?
Answer:
Consult Finodha GST Experts:
https://finodha.in/gst-compliance/
🏁 Conclusion
Notification No. 12/2018 - Union Territory Tax ensures proper tax tracking of intra-UT e-commerce supplies by prescribing 0.5% TCS.
Download PDF: Notification No. 12/2018 – Union Territory Tax
More Information: https://taxinformation.cbic.gov.in/
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