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The Finance Ministry has ruled out issuing any clarification or frequently asked questions (FAQs) on Equalization Levy, also known as ‘Google Tax’, on non-resident e-commerce companies.
The Google Tax was introduced in 2016. It was initially applicable to payments for digital advertisement services received by non-resident companies without a permanent establishment in India.
In the 2020-21 Budget, the Government widened the ambit of the levy by including e-commerce companies.
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