India: Implementation of tax for non-Indian e-commerce companies
Description
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…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2020-03-23
under deliberation
2020-03-27
adopted
2020-04-01
in force
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Any
Economic activity
platform intermediary: e-commerce,platform intermediary: user-generated content
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
all goods (physical or digital): sale
Regulatory tool
Subordination under digital service tax
Sanctions
Fine
Regulated subjects
1
listing: transport: marketing (any form)
Regulatory tool
Subordination under digital service tax
Sanctions
Fine
Regulated subjects
1
listing: goods: marketing (any form)
Regulatory tool
Subordination under digital service tax
Sanctions
Fine
Regulated subjects
1