PAN card: Govt makes it mandatory for foreign cos operating e-commerce platforms in India to have PAN

Foreign entities operating e-commerce platforms in India or having access to Indian market will be mandated to have permanent account numbers (PAN) for paying up equalisation levy.
“An e-commerce operator will be a “non-resident who owns, operates or manages digital or electronic facility or platform for online sale of goods or online provision of services or both,” the CBDT said in the notification issued Thursday.
The change has been notified by the Central Board of Direct Taxes (CBDT) as it a…

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