2% equalisation levy on non-resident e-commerce cos non-discriminatory: India to US

2% equalisation levy on non-resident e-commerce cos non-discriminatory: India to US

In a six-page written submission to the United States Trade Representative (USTR), India said the levy is applicable only for companies with annual revenues in excess of Rs 20 million (about USD 267,000), which is a low threshold aimed at exempting very small e-commerce operators globally.

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