• Registered Users :
  • 161151
  • Current Active Users :
  • 102329

Your Answer

Question ID : 41076

GST sale less reported

A person is selling his goods at Amajon,Flipcart etc .He is Preparing sales from monthly statements submitted by E Commerce cos . These cos have started deducting TDS now and their figs in 26AS are Amount credited and TDS deducted @.75% Amount credited figs are not matching with our sales Can we amed figs of 2020-21 in GSTR1 for JUne 21

Posted by Mahesh Kumar on Jun 17, 2021

Filed Under GST

Answer ID : 81164

Hello Mahesh Ji, These days, the sellers on e-commerce platforms are subject to a lot of compliances from both income tax & GST perspective. To arrive at correct sale figures on the basis of monthly statements provided by the operators, you should take into consideration not just the TDS under income tax but TCS under GST and any deduction for their commission as well. I hope it will help reconcile the nos. Best regards

Posted by VIKRAM MAHIPAL on Jun 22, 2021