Amendment to Equalisation Levy Provisions: Key Changes Effective 1st August 2024

Last updated: 27 July 2024


Amendment of provisions related to Equalisation Levy Chapter VIII of the Finance Act, 2016 related to equalisation levy was amended by Finance Act, 2020 to provide for imposition of equalization levy (EL) of two per cent on the amount of consideration received/ receivable by an e-commerce operator

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