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<\/span><\/figcaption><\/figure>NEW DELHI: Telecom tower providers have cautioned against the denial of input tax credit<\/a> (ITC) that may put an additional burden of Rs 15,000-crore on account of passive infrastructure<\/a>, and sought urgent intervention from the ministry of finance<\/a> (MoF).

“We would like to submit that the denial of ITC on all items or equipment at telecom tower sites will defeat the basic purpose of allowing seamless credit under the Goods and Service Tax (GST) law, leading to huge exposure to the entire industry<\/a> amounting to about 15,000 crore with unnecessary litigations to the industry<\/a>,” said Tilak Raj Dua, director-general of the Digital Infrastructure Providers Association (DIPA) in a letter dated January 17, to Finance Minister Nirmala Sitharaman<\/a> said.

However, DIPA has also sent an identical letter to the Economic Affairs Secretary Ajay Seth, and Department of Telecommunications<\/a> (DoT<\/a>) Secretary K. Rajaraman.

Dua further said that the issue would have a huge financial impact on the infrastructure industry, and sought finance ministry's \"urgent intervention and support\" to resolve the matter.

ETTelecom has reviewed a copy of the letter.

The Delhi-based infrastructure group represents American Tower Corporation, Indus Towers<\/a>, Tower Vision, Ascend Telecom, Space Tele Infra, iBus Networks, Summit Digitel<\/a>, Applied Solar Technologies, and STL.

The letter comes on the backdrop of enquiries at regional levels, and a recent direction issued by the Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut to telecom Infrastructure providers seeking details of Input Tax Credit<\/a> (ITC) availed during the period 2017 till date in relation to all the items purchased during the said period.

\"Telcos<\/a><\/figure>

Telcos seek refund of Rs 35,000 crore input tax credit, GST waiver on licence fee, SUC<\/a><\/h2>

According to pre-Budget recommendations of telecom industry body COAI, whose members include Vodafone Idea, Bharti Airtel and Reliance Jio, the telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area, to reduce burden on the service providers.<\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: Telecom tower providers have cautioned against the denial of input tax credit<\/a> (ITC) that may put an additional burden of Rs 15,000-crore on account of passive infrastructure<\/a>, and sought urgent intervention from the ministry of finance<\/a> (MoF).

“We would like to submit that the denial of ITC on all items or equipment at telecom tower sites will defeat the basic purpose of allowing seamless credit under the Goods and Service Tax (GST) law, leading to huge exposure to the entire industry<\/a> amounting to about 15,000 crore with unnecessary litigations to the industry<\/a>,” said Tilak Raj Dua, director-general of the Digital Infrastructure Providers Association (DIPA) in a letter dated January 17, to Finance Minister Nirmala Sitharaman<\/a> said.

However, DIPA has also sent an identical letter to the Economic Affairs Secretary Ajay Seth, and Department of Telecommunications<\/a> (DoT<\/a>) Secretary K. Rajaraman.

Dua further said that the issue would have a huge financial impact on the infrastructure industry, and sought finance ministry's \"urgent intervention and support\" to resolve the matter.

ETTelecom has reviewed a copy of the letter.

The Delhi-based infrastructure group represents American Tower Corporation, Indus Towers<\/a>, Tower Vision, Ascend Telecom, Space Tele Infra, iBus Networks, Summit Digitel<\/a>, Applied Solar Technologies, and STL.

The letter comes on the backdrop of enquiries at regional levels, and a recent direction issued by the Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut to telecom Infrastructure providers seeking details of Input Tax Credit<\/a> (ITC) availed during the period 2017 till date in relation to all the items purchased during the said period.

\"Telcos<\/a><\/figure>

Telcos seek refund of Rs 35,000 crore input tax credit, GST waiver on licence fee, SUC<\/a><\/h2>

According to pre-Budget recommendations of telecom industry body COAI, whose members include Vodafone Idea, Bharti Airtel and Reliance Jio, the telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area, to reduce burden on the service providers.<\/p><\/div>