gst in india  


VAT Service Tax India
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Implementation of GST

GST Telecom Industry - Set off of taxes paid on Infrastructure facilities

The telecom industry incurs huge cost in setting up and maintenance of infrastructure facilities like towers and telecommunications equipment which attracts VAT . The same is not available as set off against the service tax liability, thus leading to a cascading impact of taxation.

Proposal:

The taxes payable on Infrastructural facilities should be available for set off towards meeting the major objectives of GST namely avoiding cascading effect of taxes

Also, since under the GST regime, un-untilized credits would be available as a refund to the assessee, the telecom service providers should be entitled to refund of Input State GST.

 

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