Equalisation levy collections at Rs 1,492 crore between April 1 and January 30: Government to Parliament

New Delhi: The government collected Rs 1,492 crore worth equalisation levy between April 1, 2020 and January 30, 2021, Parliament was informed on Friday. In a written reply to the Rajya Sabha, minister of state for commerce and industry Hardeep Singh Puri said the equalisation levy collection stood at Rs 338.6 crore in 2016-17, Rs 589.4 crore in 2017-18 and Rs 938.9 crore in 2018-19. The collection was Rs 1,136.5 crore in 2019-20 and Rs 1,492.7 crore in 2020-21 (up to January 30).

He also said the US has put out investigation reports on Digital Services Tax (DST) against three countries — India, Italy and Turkey — on January 6. The findings are that the DST in these countries discriminates against US companies and burdens or restricts US commerce.