India: 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: acceptance of offer for sale, placement or acceptance of purchase order, payment, partial supply of goods or services. Moreover, the entire amount received for the sale is considered in scope, also when the good or service is provided by a third party and the e-commerce operator’s income is only a part of the sum received.