$\"\"$ KOLKATA: Even as the Rajya Sabha cleared the much debated Goods and Services Tax (GST<\/a>) Bill on Wednesday, telecom tower firms stand to miss out on an over Rs 2,000 crore a year savings opportunity on their annual diesel bills with petro-products still outside the GST ambit, said analysts and industry<\/a> experts.
\n
Tax experts at EY India<\/a> say that non-levy of GST on petroleum products like diesel could have a cascading tax impact for telecom tower companies, especially since the telecom sector is the second-biggest buyer of diesel after the railways.
\n“Telecom tower firms will continue to lose out as they won’t be able to set off their input taxes if petro-products like diesel continue to stay outside the ambit of GST,” Uday Pimprikar, Partner & Indirect tax practice leader for Telecom, Media & Technology sectors at EY India, told ET.
\nSince tower companies, typically, are huge consumers of diesel, continuation of central excise duties and state sales tax levies would have a cascading tax impact, jacking up their overall business costs.
\nPimprikar, in fact, said tower companies could collectively “miss out on input tax credits upwards of Rs 2,000 crore” on their annual diesel bills alone.
\nIndustry experts estimate the telecom sector spends roughly Rs 9000 crore a year to consume well over 200 crore litres of diesel. An official representing Tower & Infrastructure Providers Association (TAIPA) said tower companies like mobile carriers are also concerned about the potential impact of state-wise registrations for GST compliance.
\n
\n“Ideally, the registration process should be kept simple since GST is meant to drive efficiency and not make tax compliance a cumbersome exercise, which will be the case if the government mandates state-wise registrations” said the TAIPA functionary.
TAIPA is an industry group representing tower companies such as Indus Towers<\/a>, Bharti Infratel, American Tower Corp, GTL, Reliance Infratel and Tower Vision among others.
\nThe Cellular Operators Association of India (COAI), which represents India’s biggest telecom operators such as Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm, has already approached the finance ministry to pave the way for a single pan-India registration process for tax compliance under GST for the sake of administrative convenience.
\nTower companies and industry experts also want the government to clear the ambiguity on whether input tax credits will be available on passive infrastructure (read: towers, shelters that house power equipment at cell sites).
\n“The GST draft law appears to have clearly expanded the ambit of credits available but a specific clarification must be issued on the availment of input tax credits on passive telecom infrastructure and all ambiguity on this score must be removed,” said EY’s Pimprikar.\n\n<\/body>","next_sibling":[{"msid":53524088,"title":"Fake Pokemon Go apps found in Indian cyberspace; users alerted","entity_type":"ARTICLE","link":"\/news\/fake-pokemon-go-apps-found-in-indian-cyberspace-users-alerted\/53524088","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":53525302,"entity_type":"ARTICLE","title":"Tower cos may lose out on Rs 2K cr annual savings as petro-products remain outside GST ambit","synopsis":"Tax experts at EY India say that non-levy of GST on petroleum products like diesel could have a cascading tax impact for telecom tower companies, especially since the telecom sector is the second-biggest buyer of diesel after the railways.","titleseo":"telecomnews\/tower-cos-may-lose-out-on-rs-2k-cr-annual-savings-as-petro-products-remain-outside-gst-ambit","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&hostid=268","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":"2016-08-03 17:45:33","lastupd":"2016-08-03 22:11:08","breadcrumbTags":["industry","GST","Towers","telecom towers","EY India"],"secinfo":{"seolocation":"telecomnews\/tower-cos-may-lose-out-on-rs-2k-cr-annual-savings-as-petro-products-remain-outside-gst-ambit"}}" data-authors="[" kalyan parbat"]" data-category-name="" data-category_id="" data-date="2016-08-03" data-index="article_1">

Telecom乐动扑克News

塔因为可能失去了Rs 2 k cr每年节省petro-products仍然GST范围之外

是印度税务专家说non-levy销售税柴油等石油产品可以有一个级联电信塔公司税收的影响,尤其是电信部门的第二大买家柴油后的铁路。

Kalyan尔巴特,
等局

2016年8月3日更新是下午11点

加尔各答:即使Rajya Sabha扫清了许多讨论商品和服务税(销售税周三)法案,电信塔公司错过一个每年超过2000卢比储蓄的机会在他们的年度柴油账单petro-products仍然消费税境界之外,分析师和说行业专家。

税务专家是印度说non-levy销售税柴油等石油产品可以有一个级联电信塔公司税收的影响,尤其是电信部门的第二大买家柴油后的铁路。
“电信塔公司将继续失去他们无法引发输入税如果petro-products喜欢柴油继续保持销售税的范围之外,“Uday Pimprikar,合作伙伴和间接税收实践领导者电信、媒体和科技行业是印度,告诉等。
自从塔公司,一般来说,是巨大的消费者的柴油,延续中央消费税和营业税征收的税率会级联的影响,推高它们的总体业务成本。
Pimprikar事实上说,塔公司可以集体“错过输入税收抵免高达2000卢比”年度柴油费用。
行业专家估计电信部门每年花费大约9000卢比消费超过200卢比的升柴油。官方代表塔与基础设施提供商协会(氹仔)表示塔移动运营商等公司也担心GST合规state-wise注册的潜在影响。

“理想情况下,注册过程应该保持简单自销售税是为了驱动效率和税收遵从一个复杂的运动,这将是如果政府规定state-wise注册“氹仔工作人员说。
氹仔是一个行业组织代表塔公司,例如印度塔GTL,鼓吹美国塔集团,鼓吹他的依赖和塔视野等等。
印度手机运营商协会(COAI),代表印度最大的电信运营商Bharti Airtel,沃达丰印度、细胞和依赖Jio Infocomm,已经接近财政部为单一pan-India注册过程下的税收遵从销售税为了管理方便。
塔公司和行业专家还希望政府明确的模糊输入税收抵免是否可用被动基础设施(阅读:塔,住所,房子在电池电力设备网站)。
“消费税法律草案似乎明显扩大可用额度的范围,但具体澄清必须发布在输入税收抵免的代表在被动的电信基础设施,必须删除所有歧义在这一点上,”莎莉的Pimprikar说。

发布于2016年8月3日下午05:45坚持

$\"\"$ KOLKATA: Even as the Rajya Sabha cleared the much debated Goods and Services Tax (GST<\/a>) Bill on Wednesday, telecom tower firms stand to miss out on an over Rs 2,000 crore a year savings opportunity on their annual diesel bills with petro-products still outside the GST ambit, said analysts and industry<\/a> experts.
\n
Tax experts at EY India<\/a> say that non-levy of GST on petroleum products like diesel could have a cascading tax impact for telecom tower companies, especially since the telecom sector is the second-biggest buyer of diesel after the railways.
\n“Telecom tower firms will continue to lose out as they won’t be able to set off their input taxes if petro-products like diesel continue to stay outside the ambit of GST,” Uday Pimprikar, Partner & Indirect tax practice leader for Telecom, Media & Technology sectors at EY India, told ET.
\nSince tower companies, typically, are huge consumers of diesel, continuation of central excise duties and state sales tax levies would have a cascading tax impact, jacking up their overall business costs.
\nPimprikar, in fact, said tower companies could collectively “miss out on input tax credits upwards of Rs 2,000 crore” on their annual diesel bills alone.
\nIndustry experts estimate the telecom sector spends roughly Rs 9000 crore a year to consume well over 200 crore litres of diesel. An official representing Tower & Infrastructure Providers Association (TAIPA) said tower companies like mobile carriers are also concerned about the potential impact of state-wise registrations for GST compliance.
\n
\n“Ideally, the registration process should be kept simple since GST is meant to drive efficiency and not make tax compliance a cumbersome exercise, which will be the case if the government mandates state-wise registrations” said the TAIPA functionary.
TAIPA is an industry group representing tower companies such as Indus Towers<\/a>, Bharti Infratel, American Tower Corp, GTL, Reliance Infratel and Tower Vision among others.
\nThe Cellular Operators Association of India (COAI), which represents India’s biggest telecom operators such as Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm, has already approached the finance ministry to pave the way for a single pan-India registration process for tax compliance under GST for the sake of administrative convenience.
\nTower companies and industry experts also want the government to clear the ambiguity on whether input tax credits will be available on passive infrastructure (read: towers, shelters that house power equipment at cell sites).
\n“The GST draft law appears to have clearly expanded the ambit of credits available but a specific clarification must be issued on the availment of input tax credits on passive telecom infrastructure and all ambiguity on this score must be removed,” said EY’s Pimprikar.\n\n<\/body>","next_sibling":[{"msid":53524088,"title":"Fake Pokemon Go apps found in Indian cyberspace; users alerted","entity_type":"ARTICLE","link":"\/news\/fake-pokemon-go-apps-found-in-indian-cyberspace-users-alerted\/53524088","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":53525302,"entity_type":"ARTICLE","title":"Tower cos may lose out on Rs 2K cr annual savings as petro-products remain outside GST ambit","synopsis":"Tax experts at EY India say that non-levy of GST on petroleum products like diesel could have a cascading tax impact for telecom tower companies, especially since the telecom sector is the second-biggest buyer of diesel after the railways.","titleseo":"telecomnews\/tower-cos-may-lose-out-on-rs-2k-cr-annual-savings-as-petro-products-remain-outside-gst-ambit","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&hostid=268","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":"2016-08-03 17:45:33","lastupd":"2016-08-03 22:11:08","breadcrumbTags":["industry","GST","Towers","telecom towers","EY India"],"secinfo":{"seolocation":"telecomnews\/tower-cos-may-lose-out-on-rs-2k-cr-annual-savings-as-petro-products-remain-outside-gst-ambit"}}" data-news_link="//www.iser-br.com/news/tower-cos-may-lose-out-on-rs-2k-cr-annual-savings-as-petro-products-remain-outside-gst-ambit/53525302">

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塔因为可能失去了Rs 2 k cr每年节省petro-products仍然GST范围之外

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