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<\/span><\/figcaption><\/figure>New Delhi: Mobile phone<\/a> and electronics manufacturers have requested the government to extend the date of implementation of tax collection<\/a> at source by six months to April 1, 2021. Industry body India Cellular and Electronics Association (ICEA<\/a>), whose members include Apple<\/a>, Foxconn<\/a>, Winstron<\/a>, Lava<\/a> etc, has written to the finance minister to defer the implementation of TCS<\/a> from October 1 due to several reasons, including impact of novel coronavirus pandemic, lack of clarity in the rules, and clash with e-invoicing roll out from the same day.

ICEA<\/a> Chairman Pankaj Mohindroo said financial year 2020-21 is more or less fully affected by COVID-19 with a sharp drop in revenues, excess cost of operations due to strict implementation of health-related safety measures and low possibility of taxable profit.

\"We request TCS<\/a> implementation to be postponed to next financial year to avoid unnecessary hardship to the industry in terms of cash flow blockage in this already challenging time,\" Mohindroo said in a letter dated September 23.

ICEA said that the nation is going for an e-invoicing mechanism with effect from October 1 which itself is a huge task in terms of systems modification to connect with the GST network portal.

\"Adding TCS implementation also along with e-invoicing will be highly challenging and necessary focus for e-invoicing implementation may not be possible,\" Mohindroo said.

He said that there are several issues related to TCS on which industry needs clarification.

The industry players are not sure if TCS has to be charged on the value including goods and services tax (GST), its applicability on security deposits, advances etc received from dealers or buyers, treatment in case of sales return and bad debts etc and has sought clarification from the government.

\"In order to avoid the implications of mid-year implementation for calculating the threshold limit of revenue or receipt for a specified year for the total supply chain, it is better to implement from the start of the next financial year,\" Mohindroo said.<\/body>","next_sibling":[{"msid":78370115,"title":"Poco C3 may soon launch in India at Rs 10,990: Report","entity_type":"ARTICLE","link":"\/news\/poco-c3-may-soon-launch-in-india-at-rs-10990-report\/78370115","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":78371360,"entity_type":"ARTICLE","title":"Mobile phone players seek extension of TCS roll-out from Apr 1","synopsis":"Mobile phone and electronics manufacturers have requested the government to extend the date of implementation of tax collection at source by six months to April 1, 2021.","titleseo":"telecomnews\/mobile-phone-players-seek-extension-of-tcs-roll-out-from-apr-1","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":589,"shares":0,"engagementtimems":2462000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-09-28 23:14:30","lastupd":"2020-09-28 23:17:09","breadcrumbTags":["Mobile phone","icea","apple","Lava","Smartphone","Foxconn","tcs","tax collection","Devices","Winstron"],"secinfo":{"seolocation":"telecomnews\/mobile-phone-players-seek-extension-of-tcs-roll-out-from-apr-1"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-28" data-index="article_1">

手机玩家寻求延长TCS从4月1日推出

手机和电子产品制造商要求政府扩大从源实现税收征管的日期六个月4月1日,2021年。

  • 2020年9月28日更新是十一17点
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新德里消息:移动电话和电子产品制造商已经要求政府扩展实现的日期税收征管2021年4月1日在源头的六个月。行业组织印度细胞和电子协会(工商东亚),其成员包括苹果,富士康,另一,熔岩等,已致信财政部长推迟实施TCS从10月1日,由于几个原因,包括新型冠状病毒大流行的影响,缺乏清晰的规则和冲突的e-invoicing推出。

工商东亚主席Pankaj Mohindroo说财政年度2020 - 21或多或少是完全受COVID-19收入急剧下降,超额运营成本将严格执行相关的安全措施和较低的应税利润的可能性。

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“我们请求TCS实现推迟到下一个财政年度,以避免不必要的困难方面的行业现金流堵塞已经在这个充满挑战的时代,“Mohindroo在9月23日来信说。

ICEA说,国家是要电子票据机制与效应从10月1日,本身就是一个巨大的任务系统的修改与消费税的网络门户。

“添加TCS实现也随着e-invoicing将是高度挑战性的和必要的关注e-invoicing实现是不可能的,”Mohindroo说。

他说,TCS的行业相关的有几个问题需要澄清。

业界人士不确定如果TCS是带电的价值包括商品及服务税(GST),其适用性在安全存款,进步等收到经销商或买家,治疗的销货退回、坏账等,并从政府寻求澄清。

“为了避免影响年中实现计算收入或收据的阈值限制指定的年总供应链,最好从一开始就实现的下一个财政年度,“Mohindroo说。
  • 发布于2020年9月28日,十一14点坚持

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\"\"
<\/span><\/figcaption><\/figure>New Delhi: Mobile phone<\/a> and electronics manufacturers have requested the government to extend the date of implementation of tax collection<\/a> at source by six months to April 1, 2021. Industry body India Cellular and Electronics Association (ICEA<\/a>), whose members include Apple<\/a>, Foxconn<\/a>, Winstron<\/a>, Lava<\/a> etc, has written to the finance minister to defer the implementation of TCS<\/a> from October 1 due to several reasons, including impact of novel coronavirus pandemic, lack of clarity in the rules, and clash with e-invoicing roll out from the same day.

ICEA<\/a> Chairman Pankaj Mohindroo said financial year 2020-21 is more or less fully affected by COVID-19 with a sharp drop in revenues, excess cost of operations due to strict implementation of health-related safety measures and low possibility of taxable profit.

\"We request TCS<\/a> implementation to be postponed to next financial year to avoid unnecessary hardship to the industry in terms of cash flow blockage in this already challenging time,\" Mohindroo said in a letter dated September 23.

ICEA said that the nation is going for an e-invoicing mechanism with effect from October 1 which itself is a huge task in terms of systems modification to connect with the GST network portal.

\"Adding TCS implementation also along with e-invoicing will be highly challenging and necessary focus for e-invoicing implementation may not be possible,\" Mohindroo said.

He said that there are several issues related to TCS on which industry needs clarification.

The industry players are not sure if TCS has to be charged on the value including goods and services tax (GST), its applicability on security deposits, advances etc received from dealers or buyers, treatment in case of sales return and bad debts etc and has sought clarification from the government.

\"In order to avoid the implications of mid-year implementation for calculating the threshold limit of revenue or receipt for a specified year for the total supply chain, it is better to implement from the start of the next financial year,\" Mohindroo said.<\/body>","next_sibling":[{"msid":78370115,"title":"Poco C3 may soon launch in India at Rs 10,990: Report","entity_type":"ARTICLE","link":"\/news\/poco-c3-may-soon-launch-in-india-at-rs-10990-report\/78370115","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":78371360,"entity_type":"ARTICLE","title":"Mobile phone players seek extension of TCS roll-out from Apr 1","synopsis":"Mobile phone and electronics manufacturers have requested the government to extend the date of implementation of tax collection at source by six months to April 1, 2021.","titleseo":"telecomnews\/mobile-phone-players-seek-extension-of-tcs-roll-out-from-apr-1","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":589,"shares":0,"engagementtimems":2462000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-09-28 23:14:30","lastupd":"2020-09-28 23:17:09","breadcrumbTags":["Mobile phone","icea","apple","Lava","Smartphone","Foxconn","tcs","tax collection","Devices","Winstron"],"secinfo":{"seolocation":"telecomnews\/mobile-phone-players-seek-extension-of-tcs-roll-out-from-apr-1"}}" data-news_link="//www.iser-br.com/news/mobile-phone-players-seek-extension-of-tcs-roll-out-from-apr-1/78371360">