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
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