Definitions - Section 164 of the Finance Act, 2016 - International Taxation - Income Tax

Definitions - Section 164 of the Finance Act, 2016 Term Meaning (i) E-Commerce Operator 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 (ii) E-Commerce Supply or Services online sale of goods owned by the e-commerce operator; or online provision of services provided by the e-commerce operator; or online sale of goods or provision of services or both, facilitated by the e-commerce operator; or any combination of activities listed in clause (i), (ii) or clause (iii) online sale of goods and online provision of services shall include one or more of the following online activities, namely: acceptance of offer for sale; or placing of purchase order; or acceptance of the purchase order; or payment of consideration; or supply of goods or provision of services, partly or wholly; (iii) Specified Services online advertisement, any provision for digital advertising space or any other facility or service for the purpose of online advertisement and any other service as may be notified by the Central Government (iv) Online Online means a facility or service or right or benefit or access that is obtained through the internet or any other form of digital or telecommunication network.