GST, Invoicing & Tax Responsibilities

1. Statutory Invoicing

The vendor is the legal seller of the goods and is responsible for issuing accurate tax invoices to customers. Murliganj Local Store generates electronic invoices on behalf of the vendor matching customer checkout values.

2. Tax Collection at Source (TCS)

Under Section 52 of the Central Goods and Services Tax (CGST) Act, 2017, Murliganj Local Store collects TCS at the prescribed statutory rate (currently 1% net taxable value) and remits it to the government against the vendor's registered GSTIN.