Taxes, reporting and record keeping #
The Seller shall be solely responsible for maintaining accurate books of account, invoices, tax records, inventory records, transaction records, and all other documentation required for its business operations and legal compliance obligations.
LX INDIA may collect, deduct, deposit, report, or otherwise comply with applicable tax obligations, including Tax Collected at Source (TCS) and any other tax-related requirements imposed by applicable law. Where required, LX INDIA may make relevant statements, reports, certificates, transaction records, or other information available to the Seller through the Platform or other designated channels.
Nothing in this Policy shall be construed as legal, tax, accounting, or financial advice. Sellers are encouraged to obtain independent professional advice regarding their tax obligations and compliance requirements.
The Seller remains solely responsible for the accuracy of its GST registration details, tax filings, returns, invoices, statutory registrations, and all other legal and regulatory obligations applicable to its business activities.
