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Google tax 'very clear', no need for FAQs: Finance secretary A B Pandey

Finance Secretary Ajay Bhushan Pandey said FAQs are issued where you have to explain to somebody who is not familiar with tax laws and there you try to explain in simple words.

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3 min read Last Updated : Jul 23 2020 | 9:47 PM IST

Finance Secretary Ajay Bhushan Pandey has ruled out any clarification in the form of ‘frequently asked questions’ or FAQs for the newly introduced equalisation levy — also called the Google tax — on foreign e-commerce players, arguing that the law was already “very clear”.

This is a setback to non-resident e-commerce firms, which were awaiting FAQs and seeking clarification on the 2 per cent equalisation levy introduced in April. Facebook, Google, Amazon, Uber, and Netflix are covered under the tax.

“The amendments have been approved by Parliament, and notified. We came to know that some FAQs were being floated. The objective of

Topics : equalisation levy Companies Ajay Bhushan Pandey Finance Secretary

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