Telecom companies won’t get input tax credit refund: Sushil Modi - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Telecom companies won’t get input tax credit refund: Sushil Modi

Demand for Rs 36,000 crore relief not considered, says convener of the GoM on Integrated GST. Telecom service providers have been urging the government to refund the input tax credit or adjust the amount against their statutory dues. They have sent several requests to the finance ministry. Adjustment of credit refund against the dues would've helped telcos.

from Industry-Economic Times
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