Cellular Operators Association of India (COAI) has been standing in the queue of the exemption plea with the government as the mentioned union is asking to exempt all the coupon seller from the GST web while the industry is demanding a 12 percent tax rate.
The association has various telecom giants under its presentation like Bharti Airtel, Vodafone, Idea Cellular, and Reliance Jio. Rajan S Mathews, director-general, COAI told that “The sector is hopeful that being an essential service, it shall be placed in the merit rate slab.”
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“The telecom sector is committed to ensuring that GST is a success and has urged government to consider that restrictions based on state geographical boundaries are not imposed for tax compliance purposes, since telecom services are supplied seamlessly across the country and it is impossible for the sector to track, value, and comply with inter-state transactions in multi-state circles, whereas these are revenue-neutral, too.” he added.
In this current of nationwide demonetization of high-value currency notes, the GST has to stand up against all the fury, while various industries are in the line to get their resolutions solve as soon as possible.
