News
Treat us like banks on GST, says telecom sector
- Date:
- March 10, 2017
- Source:
- Money Control
The telecom sector's woes are expected to accelerate once the Goods and Services Tax is implemented in July. Given that the industry operates in 22 licensed service areas, it will be faced with multiple jurisdictions while paying GST. In order to avoid this the industry wants to be treated like banks where the revenues are aggregated in one place and then taxed because branches operate in differen…