In this module we will discuss- What is TDS? TDS Submission Process Points to Remember.

1. TDS Reimbursement
Process
In this module we will discuss-
1. What is TDS?
2. TDS Submission Process
3. Points to Remember.

2. • As per the Income Tax Act, a person (deductor) who is liable to make payment of specified
nature to any other person (deductee) shall deduct tax at source and remit the same into the
account of the Central Government. The deductee from whose income tax has been deducted at
source would be entitled to get credit of the amount so deducted on the basis of Form 26AS or
TDS certificate issued by the deductor.
• Form 16A will be provided by your CA.
• TDS is filed on a Quarterly Basis.
What is Tax Deducted at Source (TDS)

3. TDS Submission Process

4. • Documents required to raise TDS reimbursement claim -
Please share form 16A along with commission invoice number against which you have submitted the TDS .
The Commission invoice is shared on your registered email id by 5th of every month for sales made in last month. You
can refer it to pay TDS amount.
• Processing Time -
After sharing all the details by the merchant for TDS reimbursement, we will validate the details shared by you and will
reimburse TDS amount within 25 working days, if all details shared by you are found to be correct.
In case of any discrepancy, we will update you the same within next few days.
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TDS Submission Process
Note: TDS is to be paid only against the ‘Taxable Value’ column in commission invoice and not to be paid for
GST component mentioned separately.

5. Following rates are applicable for TDS submission-
1. Marketplace Marketing Fees @ 5% (Under Section 194H - Income tax act)
2. Marketplace PG Fee @ 5% (Under Section 194H- Income tax act)
3. Marketplace Logistic Charge (Fee) @ 2 % (Under Section 194C- Income tax act)
4. Fulfilment Center Services @ 2% (Under Section 194C- Income tax act)
TDS Submission Process

6. Points To Remember
• You need to file the TDS on behalf of Paytm e-commerce(as mentioned on commission invoice) instead of one97
communication.
• In case of TDS amount* does not match with the details available in our system. Kindly share correct TDS certificate
along with correct Commission Invoice Number to process reimbursement. Inshort the TDS Amount calculated must
match the Amount mentioned in the TDS Certificate for releasing the Reimbursement.
Note: TDS amount = Total Amount [Marketing Fees + PG Fee + Logistic Charge (Fee) + Fulfillment Center
Charge( if applied)] of one Quarter.

7. Thanks everyone!
For any query please raise a ticket on support