CHAPTER VIII
EQUALISATION LEVY
Extent, commencement and application.
163. (1) This Chapter extends to the whole of India except the State of Jammu and Kashmir.
(2) It shall come into force on such date as the Central Government may, by notification* in the Official Gazette, appoint.
1[(3) It shall apply to consideration received or receivable for—
| (a) | specified services provided on or after the commencement of this Chapter 1a[but before the 1st day of April, 2025]; and | |
| (b) | e-commerce supply or services made or provided or facilitated on or after the 1st day of April, 2020 but before the 1st day of August, 2024:] |
2[Provided that the consideration received or receivable for specified services and for e-commerce supply or services shall not include the consideration, which are taxable as royalty or fees for technical services in India under the Income-tax Act, read with the agreement notified by the Central Government under section 90 or section 90A of the said Act.]
*1-6-2016†
†NOTIFICATION NO. S.O. 1904(E) [NO. 37/2016 (F.NO.370142/12/2016-TPL)], DATED 27-5-2016.—In exercise of the powers conferred by sub-section (2) of section 163 of the Finance Act, 2016 (28 of 2016), the Central Government hereby appoints the 1st day of June, 2016 as the date on which Cahpter VIII of the said Act shall come into force.
1. Substituted by the Finance (No. 2) Act, 2024, w.r.e.f. 1-8-2024. Prior to its substitution, sub-section (3) as amended by the Finance Act, 2020, w.e.f. 1-4-2020, read as under:
\"(3) It shall apply to consideration received or receivable for specified services provided on or after the commencement of this Chapter, and to consideration received receivable for e-commerce supply or services made or provided or facilitated on or after the 1st day of April, 2020:\"
1a. Inserted by the Finance Act, 2025, w.e.f. 1-4-2025.
2. Inserted by the Finance Act, 2021, w.r.e.f. 1-4-2020.
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