Rationalisation of the provisions of Equalisation Levy

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....the amount of consideration received or receivable by an e-commerce operator from e- commerce supply or services made or provided or facilitated, by it- (i) to a person resident in India; or (ii) to a non-resident in the specified circumstances as referred to in sub-section (3); or (iii) to a person who buys such goods or services or both, using internet protocol address located in India. F....

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....is seen that there is need for some clarification to correctly reflect the intention of various provisions concerning this levy. Hence, it is proposed to carry out the following amendments in the Finance Act, 2016:- • Insert an Explanation to section 163 of the Finance Act, 2016, clarifying that consideration received or receivable for specified services and consideration received or receiv....

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....ction 165A of the Finance Act, 2016, to provide that consideration received or receivable from e-commerce supply or services shall include: (i) consideration for sale of goods irrespective of whether the e-commerce operator owns the goods; and (ii) consideration for provision of services irrespective of whether service is provided or facilitated by the e-commerce operator. These amendments wi....