National Journal of Multidisciplinary Research and Development

National Journal of Multidisciplinary Research and Development


National Journal of Multidisciplinary Research and Development
National Journal of Multidisciplinary Research and Development
Vol. 2, Issue 3 (2017)

GST: Impact on the telecommunications sector in India


Dr. Jayashree, R Kotnal

The following article is a clear cut explanation of impact of GST on the Telecom Sector. Goods and services Tax (GST) is an indirect tax reforms which aims to remove tax barriers between states and creates a single market. For that to happen, the constitution first needs to be amended to remove different layers of government powers to levy taxes. It is widely expected that the advent of GST is likely to lead to a sudden spike in charges for the ultimate consumers of telecom services that currently attract a tax rate of 15%. One of the biggest impact areas of GST is the compliance requirements that the tax reform brings with it.
The telecom sector, with its mammoth outreach to more than a billion subscribers cutting across state boundaries, is one of the India’s core economic drivers. Saddled with high debt pile and need for greater investment, the sector currently faces several issues on the indirect taxation front as well. In view of this, the sector had huge hopes from the proposed tax reforms.
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How to cite this article:
Dr. Jayashree, R Kotnal. GST: Impact on the telecommunications sector in India. National Journal of Multidisciplinary Research and Development, Volume 2, Issue 3, 2017, Pages 218-221
National Journal of Multidisciplinary Research and Development National Journal of Multidisciplinary Research and Development