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of <h1>Finance Act 2021 Amends Key Sections on E-Commerce Taxation and Refunds, Excludes Certain Indian Transactions from Taxable Consideration</h1> The Finance Act, 2021 amends the Finance Act, 2016, with changes effective from April 1, 2020. Section 163 now excludes consideration for specified services and e-commerce supplies taxable as royalties or technical service fees under the Income-tax Act. Section 164 clarifies 'online sale of goods' and 'online provision of services' to include activities like order acceptance and payment. Section 165A specifies that e-commerce consideration includes sales and services, excluding those connected to Indian residents or permanent establishments. Section 191 adds that refunds are issued without interest, effective from June 1, 2016.
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