DoT to take up Rs 36,000 crore ITC refund with finance ministry

New Delhi/Mumbai: The Department of Telecommunications will ask the finance ministry to refer the pending issue of refunding input tax credits of telecom companies worth Rs 36,000 crore to the  GST Council, a move that could provide further relief to  Vodafone Idea and  Bharti Airtel . One official said wider consultations are needed on the matter of reducing licence fees for telcos…