In exercise of the powers conferred by sub-section (1) and sub-section (2) of Section 179 of the Finance Act, 2016 (28 of 2016), the Central Government hereby makes the following rules to amend the Equalisation levy Rules, 2016, namely:-

1. Short title and commencement. ─ (1) These rules may be called the Equalisation levy (Amendment) Rules,2020. (2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Equalisation levy Rules, 2016 (hereinafter referred to as the said rules), in rule 2, after clause (a), the following clause shall be inserted, namely:-

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