\"\"Phone companies have sought basic customs duty<\/a> (BCD) exemption on 4G network gear to reduce overall 4G LTE network roll out costs, besides also seeking a cut in the withholding tax on discounts extended to prepaid distributors among key recommendations in the upcoming Union Budget<\/a>.
\n
“4G LTE network equipment should be exempted from 10.3% basic customs duty to reduce the cost of rolling out high-capacity data networks, which will be the arterial backbone of Digital
India<\/a>,” the Cellular Operators Association of India, which represents big telcos such as Airtel<\/a>, Vodafone India, Idea and Jio Infocomm<\/a>, has proposed in its Union Budget recommendations.
\n
\n4G LTE network gear, typically, includes base stations\/e-Nodes, IT multimedia systems\/soft switches, microwave networks, and associated packet network nodes.
\n
COAI<\/a> director general Rajan Mathews said telecom operators have also sought similar “BCD exemption on front-ending connectivity devices used for newage technologies like internet of things (IoT), machine-to-machine (M2M) communication services and smart cities”. Such connectivity devices, typically, include IoT hops\/sensors, IoT-enabled medical devices, customer premise equipment, vehicle tracking systems to settop boxes. Separately, telcos have suggested that the applicable withholding tax on discounts offered to their prepaid distributors be cut to 1% from the present 5%.
\n
\nMathews said COAI has proposed rationalisation of withholding tax to 1% on discounts offered by telcos to their prepaid distributors as the latter are “not agents and earn very low margins”.
\n
\nTower infrastructure companies, in turn, have suggested that “telecom towers” be included within the scope of the definition of “plant and machinery” under the Central GST Act, 2017, to enable tower operators to get the benefit of input tax credits.
\n
\nALSO READ:
Govt seeking TRAI recommendation on auctioning TV channels<\/a><\/strong>
\n
“Telecom towers are considered plant & machinery from
direct tax<\/a> and companies tax perspectives, and specific exclusion under GST law would be arbitrary and inconsistent with accounting and taxation principles,” said Tilak Raj Dua, director general of Tower & Infrastructure Providers Association<\/a> (Taipa).
\n
\nWhat’s more, inter-state movement of telecom towers under the current rules also leads to a cascading effect of GST, said Dua. Tower companies have also urged the finance ministry to extend the benefits of Section 72A of the Income Tax Act to telecom infrastructure providers to encourage consolidation.
\n
\nSection 72A, typically, allows the accumulated business losses of an amalgamating company to be carried forward and be set off in the hands of the amalgamated company.
\n
At present, carry forward of losses is limited to industrial undertakings that includes telecom service providers but not tower companies, said a senior tower
industry<\/a> executive.
\n
\nTaipa, in fact, has urged the finance ministry to include telecom infrastructure service providers within the scope of the definition of industrial undertakings, to “ensure parity” with telecom operators, and in turn, enable them to “avail of the benefits of carry forward of business losses under Section 72A in cases of mergers and amalgamations”.
\n<\/body>","next_sibling":[{"msid":62285160,"title":"Govt seeking TRAI recommendation on auctioning TV channels","entity_type":"ARTICLE","link":"\/news\/govt-seeking-trai-recommendation-on-auctioning-tv-channels\/62285160","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62289652,"entity_type":"ARTICLE","title":"Telcos seek customs duty exemption on 4G gear","synopsis":"The phone companies have also sought a cut in the withholding tax on discounts extended to prepaid distributors among key recommendations in the upcoming Union Budget.","titleseo":"telecomnews\/telcos-seek-customs-duty-exemption-on-4g-gear","status":"ACTIVE","authors":[{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-12-29 08:09:13","lastupd":"2017-12-29 08:12:03","breadcrumbTags":["Union Budget","Airtel","Customs duty","Jio Infocomm","COAI","industry","Direct Tax","Tower & Infrastructure Providers Association","India"],"secinfo":{"seolocation":"telecomnews\/telcos-seek-customs-duty-exemption-on-4g-gear"}}" data-authors="[" kalyan parbat"]" data-category-name="" data-category_id="" data-date="2017-12-29" data-index="article_1">

电信公司寻求关税豁免4 g齿轮

电话公司也寻求削减预扣税折扣扩展到预付经销商关键建议在即将到来的联邦预算。

Kalyan尔巴特
  • 更新2017年12月29日08:12点坚持
电话公司寻求基本关税(BCD)豁免4 g网络设备来减少整体4 g LTE网络推广成本,此外还寻求削减预扣税折扣扩展到预付分销商在即将到来的主要建议联邦预算

“4 g LTE网络设备应免除10.3%基本关税降低推出大容量数据网络的成本,这将是数字的动脉主干印度”,印度手机运营商协会代表等大型电信公司附近的旅馆,沃达丰印度,和想法Jio Infocomm,提出了联盟的预算建议。

4 g LTE网络设备,一般来说,包括基站/ e-Nodes,多媒体系统/软开关、微波网络,和相关的数据包网络节点。

COAI总经理Rajan马修斯说,电信运营商也在寻求类似的“BCD豁免前端连接设备上用于物联网等新时代技术(物联网),机器对机器(M2M)通信服务和智能城市”。这样的连接设备,一般来说,包括物联网跳/传感器,IoT-enabled医疗设备,客户前提设备,车辆跟踪系统置顶盒。另外,电信公司表明,适用的预扣税折扣他们预付分销商从目前的5%降至1%。

Mathews说COAI提出了合理化的预扣税1%折扣由电信公司提供预付经销商,后者是“不是代理和收入非常低的利润”。

塔基础设施公司,反过来,认为“电信塔”被包括的范围内“工厂和机械”的定义根据中央销售税法案》,2017年,让塔运营商获得的利益输入税收抵免。

还读:政府寻求火车建议拍卖电视频道

“电信塔被认为是植物和机器直接税和公司税收的观点,和具体排除根据消费税法律将任意的和不一致的会计和税务方面的原则,”总经理Tilak Raj Dua说塔与基础设施提供商协会(氹仔)。

更重要的是,州际电信塔在当前规则的运动也会导致级联效应的销售税,Dua说。塔公司也敦促财政部延长部分72的好处的所得税法电信基础设施提供商鼓励整合。

72节,通常情况下,允许一个合并公司积累的商业损失结转和设置在合并公司的手中。

目前,弘扬的损失仅限于工业事业,包括电信运营商,但不是塔公司,高级塔说行业执行官。

氹仔,事实上,敦促财政部包括电信基础设施服务提供商的定义范围内的工业事业,与电信运营商“确保平价”,反过来,使他们“利用的好处结转业务亏损72条款下的并购”融合。
  • 发布于2017年12月29日08:09点坚持
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\"\"Phone companies have sought basic customs duty<\/a> (BCD) exemption on 4G network gear to reduce overall 4G LTE network roll out costs, besides also seeking a cut in the withholding tax on discounts extended to prepaid distributors among key recommendations in the upcoming Union Budget<\/a>.
\n
“4G LTE network equipment should be exempted from 10.3% basic customs duty to reduce the cost of rolling out high-capacity data networks, which will be the arterial backbone of Digital
India<\/a>,” the Cellular Operators Association of India, which represents big telcos such as Airtel<\/a>, Vodafone India, Idea and Jio Infocomm<\/a>, has proposed in its Union Budget recommendations.
\n
\n4G LTE network gear, typically, includes base stations\/e-Nodes, IT multimedia systems\/soft switches, microwave networks, and associated packet network nodes.
\n
COAI<\/a> director general Rajan Mathews said telecom operators have also sought similar “BCD exemption on front-ending connectivity devices used for newage technologies like internet of things (IoT), machine-to-machine (M2M) communication services and smart cities”. Such connectivity devices, typically, include IoT hops\/sensors, IoT-enabled medical devices, customer premise equipment, vehicle tracking systems to settop boxes. Separately, telcos have suggested that the applicable withholding tax on discounts offered to their prepaid distributors be cut to 1% from the present 5%.
\n
\nMathews said COAI has proposed rationalisation of withholding tax to 1% on discounts offered by telcos to their prepaid distributors as the latter are “not agents and earn very low margins”.
\n
\nTower infrastructure companies, in turn, have suggested that “telecom towers” be included within the scope of the definition of “plant and machinery” under the Central GST Act, 2017, to enable tower operators to get the benefit of input tax credits.
\n
\nALSO READ:
Govt seeking TRAI recommendation on auctioning TV channels<\/a><\/strong>
\n
“Telecom towers are considered plant & machinery from
direct tax<\/a> and companies tax perspectives, and specific exclusion under GST law would be arbitrary and inconsistent with accounting and taxation principles,” said Tilak Raj Dua, director general of Tower & Infrastructure Providers Association<\/a> (Taipa).
\n
\nWhat’s more, inter-state movement of telecom towers under the current rules also leads to a cascading effect of GST, said Dua. Tower companies have also urged the finance ministry to extend the benefits of Section 72A of the Income Tax Act to telecom infrastructure providers to encourage consolidation.
\n
\nSection 72A, typically, allows the accumulated business losses of an amalgamating company to be carried forward and be set off in the hands of the amalgamated company.
\n
At present, carry forward of losses is limited to industrial undertakings that includes telecom service providers but not tower companies, said a senior tower
industry<\/a> executive.
\n
\nTaipa, in fact, has urged the finance ministry to include telecom infrastructure service providers within the scope of the definition of industrial undertakings, to “ensure parity” with telecom operators, and in turn, enable them to “avail of the benefits of carry forward of business losses under Section 72A in cases of mergers and amalgamations”.
\n<\/body>","next_sibling":[{"msid":62285160,"title":"Govt seeking TRAI recommendation on auctioning TV channels","entity_type":"ARTICLE","link":"\/news\/govt-seeking-trai-recommendation-on-auctioning-tv-channels\/62285160","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62289652,"entity_type":"ARTICLE","title":"Telcos seek customs duty exemption on 4G gear","synopsis":"The phone companies have also sought a cut in the withholding tax on discounts extended to prepaid distributors among key recommendations in the upcoming Union Budget.","titleseo":"telecomnews\/telcos-seek-customs-duty-exemption-on-4g-gear","status":"ACTIVE","authors":[{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-12-29 08:09:13","lastupd":"2017-12-29 08:12:03","breadcrumbTags":["Union Budget","Airtel","Customs duty","Jio Infocomm","COAI","industry","Direct Tax","Tower & Infrastructure Providers Association","India"],"secinfo":{"seolocation":"telecomnews\/telcos-seek-customs-duty-exemption-on-4g-gear"}}" data-news_link="//www.iser-br.com/news/telcos-seek-customs-duty-exemption-on-4g-gear/62289652">