Telcos Seek Refund Of Rs 35,000 Crore Input Tax Credit, Gst Waiver On Licence Fee, Suc

The current market dynamics have led to the accumulation of massive ITC. "The credit would further increase with the upcoming significant capital expenditure to further enhance customer experience and achieve the vision of Digital India," COAI said.At present, licence fees paid by the telecom operators is calculated as 8 per cent of revenue earned from telecom services, technically called adjusted gross revenue (AGR).The government has removed several revenue heads that were part of AGR as well as abolished spectrum usage charges ( SUC ) on radiowaves that will be purchased in the future auctions as part of the telecom reforms.