The Equalisation Levy is a specialized tax introduced to target income accruing to foreign e-commerce operators from Indian residents. Our firm provides end-to-end compliance and advisory services related to the Equalisation Levy to help you navigate this evolving area of international taxation efficiently.
?? Equalisation Levy Services Offered
Applicability of Equalisation Levy
Detailed evaluation of transactions to determine applicability under Section 165 (advertising services) or Section 165A (e-commerce supply/services) of the Finance Act.
Registration and Onboarding
Assistance with registration requirements under the Equalisation Levy framework for liable Indian residents or foreign e-commerce operators.
Review of Contracts and Transactions
Scrutiny of vendor contracts, invoices, and agreements to identify services liable for Equalisation Levy.
Computation of Equalisation Levy
Accurate calculation of the levy at applicable rates (6% or 2%) based on the nature of transaction and legal provisions.
Filing of Equalisation Levy Returns (Form 1)
Timely preparation and online filing of annual return of Equalisation Levy with supporting documentation.
Preparation and Maintenance of Records
Maintaining proper documentation of e-commerce transactions and services covered under Equalisation Levy for audit and compliance.
Assistance in Payment of Equalisation Levy
Support in deposit of the Equalisation Levy with the government within prescribed timelines to avoid interest and penalties.
Periodic Compliance Review
Ongoing monitoring of digital transactions to ensure no non-compliant payments or overlooked levy obligations.
Advisory on Structuring Cross-Border Digital Transactions
Guidance to businesses on structuring international digital contracts to mitigate Equalisation Levy exposure.
Representation before Tax Authorities
Handling queries, audits, or notices from tax authorities regarding Equalisation Levy-related matters.
Update on Legislative Amendments & Clarifications
Regular updates and analysis of changes in Equalisation Levy provisions, rules, CBDT circulars, and global tax developments.