Find
Keep marketplace sales in a separate column or register, and match them with the marketplace's sales report and TCS statement each month.
GST
Daily records for marketplace sales
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Provisions
Sec 52, CGST Act 2017; Sec 35(1), CGST Act 2017
Analysis
Under Sec 52, the operator collects TCS and reports it, and it shows in your portal for you to accept. Your GSTR-1 must match what the operator reports. Example: shop sales ₹3 lakh and Amazon sales ₹1.2 lakh in a month; record both, match the ₹1.2 lakh with the operator's report and claim the TCS credit.
Close
- Add a marketplace column in your sales register.
- Download the marketplace sales and TCS report monthly.
- Match returns and cancellations.
- Accept the TCS credit on the portal.
- Report all sales in GSTR-1.
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