Monday, February 4, 2019

Telcos seek GST waiver on payments to govt, Rs 35K-cr input credit adjustment

Telcos seek GST waiver on payments to govt, Rs 35K-cr input credit adjustment In a letter to Telecom Minister Manoj Sinha Monday, the Cellular Operators Association of India (COAI) said value-added tax or goods and services tax (GST) is not applicable to government services internationally, as they are considered #39;out of scope#39; or regarded as non-economic activities or sovereign functions that are outside the ambit of tax.

from Moneycontrol Business News http://bit.ly/2t4Qxwv

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