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NEW DELHI: The Finance Ministry today said telecom companies will be permitted to carry forward unavailed Cenvat<\/a> credit to the GST<\/a> regime, giving a major relief to the operators already battling high debt.<\/p>\n

The Revenue Department through a notification has amended the Cenvat Credit Rules, 2004, to enable service recipients to carry forward such unavailed credit of Service Tax<\/a> under the GST regime.<\/p>\n

\n\t\"As a result, telecom service providers who have been allotted spectrum in auction conducted in 2016 and have already availed one-third credit in respect of Service Tax paid by them, during 2016-17, would be eligible to take the remaining two-thirds credit pertaining to 2016-17 in the GST regime,\" a Finance Ministry statement said.<\/p>\nThe government proposes to roll out the Goods and Services Tax (GST) from July 1. GST will subsume excise,service tax, VAT and other local levies.\n\n<\/body>","next_sibling":[{"msid":59146121,"title":"Banks express concern over stress in telecom sector, flag liquidity concerns","entity_type":"ARTICLE","link":"\/news\/banks-express-concern-over-stress-in-telecom-sector-flag-liquidity-concerns\/59146121","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":59147479,"entity_type":"ARTICLE","title":"Telcos can carry forward unavailed Cenvat credit to GST: FinMin","synopsis":"The Finance Ministry today said telecom companies will be permitted to carry forward unavailed Cenvat credit to the GST regime, giving a major relief to the operators already battling high debt.","titleseo":"telecomnews\/telcos-can-carry-forward-unavailed-cenvat-credit-to-gst-finmin","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-06-14 20:43:11","lastupd":"2017-06-14 20:48:02","breadcrumbTags":["GST","industry","Service tax","CENVAT"],"secinfo":{"seolocation":"telecomnews\/telcos-can-carry-forward-unavailed-cenvat-credit-to-gst-finmin"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-06-14" data-index="article_1">

电信运营商可以弘扬无用的销售税Cenvat信贷:FinMin

财政部今天表示,电信公司将被允许弘扬无用的Cenvat信贷消费税制度,给运营商的主要救济已经与高负债。

  • 更新在2017年6月14日08:48点坚持

新德里:财政部今天表示,电信公司将被允许弘扬无用的Cenvat信用的销售税政权,给运营商的主要救济已经与高负债。

收入部门通过通知修改Cenvat信用规则,2004年启用服务接受者弘扬这种无用的信贷服务税在消费税制度。

”因此,电信服务提供商已分配频谱拍卖2016年进行和已经利用信用方面的服务税支付三分之一,2016 - 17日期间,将有资格拿剩下的三分之二信用与2016 - 17的消费税制度,“财政部的声明中说。

政府提出了推出商品及服务税(GST)从7月1日。服务税,销售税将包含消费税、增值税和其他当地征税。
  • 发表在2017年6月14日08:43点坚持
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  • 电信运营商可以弘扬无用的销售税Cenvat信贷:FinMin
\"\"\n

NEW DELHI: The Finance Ministry today said telecom companies will be permitted to carry forward unavailed Cenvat<\/a> credit to the GST<\/a> regime, giving a major relief to the operators already battling high debt.<\/p>\n

The Revenue Department through a notification has amended the Cenvat Credit Rules, 2004, to enable service recipients to carry forward such unavailed credit of Service Tax<\/a> under the GST regime.<\/p>\n

\n\t\"As a result, telecom service providers who have been allotted spectrum in auction conducted in 2016 and have already availed one-third credit in respect of Service Tax paid by them, during 2016-17, would be eligible to take the remaining two-thirds credit pertaining to 2016-17 in the GST regime,\" a Finance Ministry statement said.<\/p>\nThe government proposes to roll out the Goods and Services Tax (GST) from July 1. GST will subsume excise,service tax, VAT and other local levies.\n\n<\/body>","next_sibling":[{"msid":59146121,"title":"Banks express concern over stress in telecom sector, flag liquidity concerns","entity_type":"ARTICLE","link":"\/news\/banks-express-concern-over-stress-in-telecom-sector-flag-liquidity-concerns\/59146121","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":59147479,"entity_type":"ARTICLE","title":"Telcos can carry forward unavailed Cenvat credit to GST: FinMin","synopsis":"The Finance Ministry today said telecom companies will be permitted to carry forward unavailed Cenvat credit to the GST regime, giving a major relief to the operators already battling high debt.","titleseo":"telecomnews\/telcos-can-carry-forward-unavailed-cenvat-credit-to-gst-finmin","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-06-14 20:43:11","lastupd":"2017-06-14 20:48:02","breadcrumbTags":["GST","industry","Service tax","CENVAT"],"secinfo":{"seolocation":"telecomnews\/telcos-can-carry-forward-unavailed-cenvat-credit-to-gst-finmin"}}" data-news_link="//www.iser-br.com/news/telcos-can-carry-forward-unavailed-cenvat-credit-to-gst-finmin/59147479">