Tag «GST provision on E Commerce»

Equalisation Levy with example

Equalisation Levy with example

Equalisation Levy with example Equalisation Levy: – The Equalisation levy was introduced by Finance Act 2016 (effective from 1st June 2016). Equalisation levy is governed by Finance Act 2016 and it is not a part of Income Tax Act 2016. The purpose of introducing the equalisation levy is to levy tax on consideration of certain …