We operate Suzuki Showroom in Chandrapur (M.S.).
On few sale transactions we have received payment via Paytm on which paytm has deducted TCS. My query is while filing GSTR1 how to show this transaction? Is there any compulsion to provide E-commerce operator GSTIN while filing GSTR1?
While filing GSTR-1 as a e-commerce seller, GSTIN of E-commerce operator is required to show in case of B2B invoice details(Column 4C) and B2C large(Column 5B). This information is required to be given when a taxpayer is engaged in supplying goods through E-commerce operator. For example: If Mr. A is selling goods through Paytm mall as a authorised retailer after taking registration, it will be considered as supply through e-commerce operator.
Whereas if a taxpayer is using Paytm as a payment gateway only, then it will not amount to supply through E-commerce operator and paytm is not required to deduct TCS on the same. Thus, no compulsion to provide GSTIN of paytm.