Sannam S4 Submission to the Government of India on the impact of the Equalisation Levy

LONDON - July 24, 2020 - PRLog -- This year, as part of the revised annual finance budget for India, the Government of India expanded the scope of 'Equalization Levy' [EL] – a tax on cross-border digital transactions – to include all types of e-commerce supplies and services.

Essentially, from April 2020, a 2% charge is applicable for all online supplies and services exported into the country or delivered in other specified manners.

Sannam S4 has been actively evaluating the impact of the EL on our international university partners' current online programmes.

After collating feedback & questions from our partners, Sannam S4 has made a submission to the Ministry of Finance, seeking clarity on the recent introduction & expansion of EL to all e-commerce services.

Following this submission, Sannam S4 will continue to engage with the relevant stakeholders to discuss how we can support our partners as well as the Government of India to ensure the successful implementation of this levy.

Click here to read the summary....https://sannams4.com/sannam-s4-submission-to-the-government-of-india-on-the-impact-of-the-equalisation-levy-on-international-universities/