https://www.taxtmi.com/acts?id=20614 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. en-us Mon, 29 Feb 2016 18:44:01 +0530 Wed, 02 Mar 2016 10:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20614 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. Act-Rules Bills Mon, 29 Feb 2016 18:44:01 +0530 https://www.taxtmi.com/acts?id=20614