Due to variance in regulatory requirements and GST provisions, undertaking compliance and reconciliation would be a massive and complex task for telcos. Touted as India’s most transformative tax reform in decades, the goods and services Tax (GST).
The much-awaited GST regime finally seems in the offing. Hailed as the 'biggest taxation reform ever' in India, GST will turn India into one common market. It is expected to make it boost ease of doing business across sectors in the country.
GST will turn India into one common market, leading to greater ease of doing business and big savings in logistics costs from companies across all sectors
CNBC-TV18's Menaka Doshi decodes the Goods and Services Tax (GST) for the Indian telecom sector with the help of Jigar Doshi, Partner – Indirect Taxation, SKP Business Consulting.