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CA Final · Indirect Tax Laws · Electronic Commerce Transactions

Under Rule 67 of the CGST Rules, which description of the statement furnished by an electronic commerce operator required to collect tax at source is correct?

The operator must furnish a statement in FORM GSTR-8 electronically on the common portal, either directly or from a Facilitation Centre notified by the Commissioner. It contains details of supplies effected through the operator and the tax collected under section 52(1), as Rule 67(1) requires.

  1. AA statement in FORM GSTR-8 is furnished electronically on the common portal, containing details of supplies effected through the operator and the amount of tax collectedCorrect
  2. BA statement in FORM GSTR-1 is furnished by the operator for the supplies of each supplier
  3. CA statement is furnished only on request of the proper officer
  4. DA statement is furnished by each registered supplier showing tax collected on his behalf

Explanation

Rule 67(1) requires every operator required to collect tax at source to furnish FORM GSTR-8 electronically on the common portal, directly or from a notified Facilitation Centre. It contains details of supplies effected through the operator and tax collected. The suppliers do not file it, and it is not filed only on request.

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