Tata Sons may get GST bill of Rs 1,600 crore, taxman reckons $1.2 billion payment to Docomo is ‘supply of services’

Financial Express

In a potentially controversial move that could extend the indirect tax department’s ambit to capital transactions and pit it against the income-tax wing, the former could soon ask the Tata Group to shell out some Rs 1,600 crore as 18% goods and services tax (GST) on the payment of $1.2 billion it made to Japanese telecommunication firm NTT Docomo — a former JV partner of Tata Teleservices — a…

Sign in to read the full article

Create a free account or sign in to access the complete content.