Equalisation levy imposed on specified cross-border services, collected by payer deduction and subject to compliance and penalties. A charge of equalisation levy applies to consideration for specified services received by non-residents from persons in India or from persons with an Indian permanent establishment, subject to exclusion where services are effectively connected to a permanent establishment, non business purpose, or where aggregate consideration does not exceed a prescribed low threshold. The levy is collected by mandatory deduction by the resident payer or Indian permanent establishment, payable to government within a prescribed timeline, accompanied by prescribed annual statements; statutory mechanisms cover processing, rectification, interest, penalties, appeals, rule making and orders to remove difficulties.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Equalisation levy imposed on specified cross-border services, collected by payer deduction and subject to compliance and penalties.
A charge of equalisation levy applies to consideration for specified services received by non-residents from persons in India or from persons with an Indian permanent establishment, subject to exclusion where services are effectively connected to a permanent establishment, non business purpose, or where aggregate consideration does not exceed a prescribed low threshold. The levy is collected by mandatory deduction by the resident payer or Indian permanent establishment, payable to government within a prescribed timeline, accompanied by prescribed annual statements; statutory mechanisms cover processing, rectification, interest, penalties, appeals, rule making and orders to remove difficulties.
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