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India: Expansion of scope of Equalization Levy to foreign e-commerce providers in Finance Act 2021

Progress

Current status
in force
28 Mar 2021 in force
24 Mar 2021 adopted
01 Feb 2021 under deliberation

Scope

Implementers
India
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
platform intermediary: e-commerce
Government Branch
legislature
Government Body
parliament
Implementation Level
national

Timeline of events

28 Mar 2021
in force

Implementation of scope clarification for Equalisation levy

The Finance Act 2021 is adopted by the Indian Parliament. The Act amends the Equalisation levy to expand its scope. In particular, offline transactions are considered within scope if at least one of the following steps of transaction happens online:…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
24 Mar 2021
adopted

Adoption of scope clarification for Equalisation levy

The Finance Act 2021 is adopted by the Indian Parliament. The Act amends the Equalisation levy to expand its scope. In particular, offline transactions are considered within scope if at least one of the following steps of transaction happens online:…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
01 Feb 2021
under deliberation

Introduction of scope clarification for Equalisation levy

The Finance Act 2021 is introduced in the Indian Parliament. The Act amends the Equalisation levy to expand its scope. In particular, offline transactions are considered within scope if at least one of the following steps of transaction happens onli…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament