Digital Policy Alert logo

India: Expansion of Equalization Levy to foreign e-commerce providers in Finance Act 2020

Progress

Current status
in force
01 Apr 2020 in force
27 Mar 2020 adopted
23 Mar 2020 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

01 Apr 2020
in force

Implementation of tax for non-Indian e-commerce companies

The Finance Act 2020 comes into force and expands the Equalization Levy to e-commerce operators. A 2% tax shall be applicable for the online sale of goods owned or facilitated by the e-commerce operator, online provision of services provided by or f…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
27 Mar 2020
adopted

Adoption of tax for non-Indian e-commerce companies

The Finance Act 2020 is adopted and therefore expands the scope of the Equalization Levy to e-commerce operators. A 2% tax shall be applicable for the online sale of goods owned or facilitated by the e-commerce operator, online provision of services…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
23 Mar 2020
under deliberation

Introduction of tax for non-Indian e-commerce companies

The Finance Act 2020 was amended and foresees the expansion of the Equalization Levy to include e-commerce operators. A 2% tax shall be applicable for the online sale of goods owned or facilitated by the e-commerce operator, online provision of serv…

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