Cenvat Tax

Supreme Court’s Important Ruling For Telecom Giants

Supreme Court’s Important Ruling For Telecom Giants

On Wednesday, the Supreme Court ruled in favour of Bharti Airtel, Vodafone Idea, Tata Services, Indus Towers and other telecom operators in a 76-page judgement. Now, they can claim central value-added tax or Cenvat credits on central excise duties paid by them on towers and their parts, green shelters, printers, office chairs, etc. Justice BV…