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Telecom Firms Seek Clarity On GST: ASSOCHAM

As prospects for passage of the Goods and Services Tax Bill in Parliament improve, the telecom industry has impressed upon the government to come out with a clear-cut position with regards to levy of taxes on Value Added Services (VAS) even as the firms across the entire value chain look forward to a smooth transition to much awaited GST, an ASSOCHAM-KPMG Paper has said. “Given the broad framework of GST, it is expected that even under the proposed GST regime, the telecom service providers may face significant challenges. For the...