India: Expansion of Equalization Levy to foreign e-commerce providers in Finance Act 2020
Progress
Scope
Timeline of events
Tax for non-Indian e-commerce companies was withdrawn
On 1 August 2024, the equalisation levy on e-commerce operators, introduced by the Finance Act 2020, was repealed through the Finance (No. 2) Bill 2024. The Bill withdrew the 2% tax previously imposed on the online sale of goods either owned or faci…
SourceImplementation 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…
SourceAdoption 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…
SourceIntroduction 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…
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