TCS and TDS calculator
How much the marketplaces withhold as TCS at 1% and TDS at 0.1% on your sales, and where each comes back as credit.
TCS withheld per month (1%)
₹10.0k
₹2.0k CGST + ₹2.0k SGST, ₹6.0k IGST
TDS withheld per month (0.1%)
₹1.0k
Credit in Form 26AS
Credit to claim per year
₹1.3 L
TCS via GSTR-2B, TDS via 26AS
TCS is 1% of net taxable value (0.5% CGST + 0.5% SGST intra-state, 1% IGST inter-state) under CGST section 52. TDS is 0.1% of gross sales under income-tax section 194-O. Both are credits, not costs; a settlement that lists them beside commission is showing you a receivable.
Questions
- Is TCS a cost?
- No. It is tax collected at source by the marketplace under CGST section 52 and deposited against your GSTIN. It appears in your GSTR-2A/2B from the marketplace's GSTR-8 and is claimed as credit.
- Who is exempt from TDS under section 194-O?
- Individuals and HUFs whose gross sales through the operator are ₹5 lakh or less in the financial year and who have furnished PAN or Aadhaar. Companies and firms have no threshold.
- Where does TDS come back?
- In Form 26AS, as tax credit against your income-tax liability for the year. It is not a GST credit.
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