India, US agree on transitional approach on 'Equalisation Levy' 2020
India and the US have agreed that the same terms that apply under the 'October 21 Joint Statement' shall apply between the US and India with respect to India's charge of 2 per cent equalisation levy on e-commerce supply of services and the US' trade action regarding the said 'Equalisation Levy'.
India and the US have agreed on a 'transitional approach' on 'Equalisation Levy' 2020. Pic: IANS