Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: due date for vat payment :: articles on VAT and GST in India :: VAT Audit :: ACCOUNTING STANDARDS :: form 3cd :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TDS :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« Service Tax »
 India to levy service tax on freight for imports on delivered basis
 Income tax relief must be blended with additional tax measures
 9th GST Council inks breakthrough on dual control over tax payers, rollout deferred to July 1, 2017
 GST rollout uncertainty hits Budget 2017 calculations
 GST now set for July 1 roll-out, dual control hurdle finally over
 Grant of Registration under DVAT and CST
 Do not raise service tax, says Chamber
 Excise, service taxpayers to migrate to GST portal by Jan 31
 Centre, state governments work on formula for 'GST on high seas'
 What is service tax?
 Tax to bring transparency, benefit companies operating in state, says Gujarat CM Vijay Rupani

Telcos seek abolition of service tax on broadband usage
January, 25th 2012

In a bid to encourage uptake of broadband services, telecom companies have sought waiver of service tax on Internet services. They have also asked Finance Ministry to remove the need for showing PAN number while taking a new telephone connection.

Abolition of service tax on pure Internet/broadband services would make it affordable to end users, the Association of Unified telecom Service Providers of India said in its pre-Budget recommendations. All telecom services attract a service tax of 12 per cent at present.

To promote use of smart phones and tablets, the operators have sought an amendment in 7(vii) of Rule 3 to exclude the benefit arising on use of Tablets/ iPod/ Smart phone by the employee out of the ambit of perquisite since such devices are nothing but advanced version of laptops/computers only and provide the similar features and used as working tool by the employees.

Existing rule exempts laptops and computers but not mobile devices.

This amendment will ensure that the employees are not subject to tax for the benefit arising to them from the use of such tablets/ iPod /Smart phone, etc, which are smart working tools, the Cellular Operator's Association of India, said.

Mobile companies have sought rationalisation of levies and duties including a uniform annual revenue share to 6 per cent. Various studies have shown that a 10 per cent increase in mobile penetration leads to a GDP increase of up to 1.4 per cent. Lowering of levies can be a critical tool in the hands of policy makers to improve Tele-density and expand service, the COAI said.

This comes even as the Department of Telecom has proposed a uniform fee of 8 per cent of the annual revenues.

DISTRIBUTORS' REQUEST

Telecom companies also want distributors to be exempt from paying service tax. Distributors facilitate distribution of telecommunication services for which they earn margins / remuneration. They are largely unorganized, small in size, individuals lacking knowledge for compliances and record keeping, the COAI said in its presentation to the Finance Ministry.

On the issue of requirement of quoting the PAN number at the time of taking a mobile connection, the operators said that this had become an inhibitor for spread of service as low-end rural subscribers may not have PAN number.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions