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

NEW DELHI: The Goods and Services Tax Council will reject requests by telcos for a refund of  input tax credit of Rs 36,000 crore, Bihar deputy chief minister  Sushil Kumar Modi told ET, dashing hopes of any financial relief for the beleaguered telecom sector. “The  GST Council has not considered this issue and even if it does come up for consideration, it will not be accepted,” sai…