“Whether the Contract with Railtel Corporation of India ltd. will fall under the Notification 24/2017-Central Tax (Rate) Sr.No.3 (iv)-Construction Service or Original Work to Government Authority, and the rate
The GST circular clarifies the input tax credit (ITC) eligibility for ducts and manholes used in optical fiber cable (OFC) networks. Some tax authorities had denied ITC on these items, arguing they fall under
the applicant has been awarded a contract for excavation of trenches and laying of Optical Fibre Cables (OFC) through ducts, testing, commissioning of OFC and maintenance in the 01 (one) Block
Railtel Corporation of India ltd. i.e. optical fiber cables laid under the ground is meant predominantly for use other than for commerce, industry, or any other business or profession as
With India heading towards a digitally connected way of life, the requirements for fibre optic structures are escalating. This article is meant to give a brief insight into businesses making, trading, or
The Ministry of Road Transport and Highways recently issued a fresh set of guidelines for granting Right of Way permission to telecom service licensees and infrastructure providers
This guide aims to shed light on the intricacies of these rules, making it easier for you to grasp how fibre optic cables are classified and depreciated for tax purposes.
Subject: Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17(5) of the CGST Act, 2017 - reg.
Information Technology - Communication Infrastructure - Use of public right of way for laying optic fibre cables - Consolidated policy guidelines for grant of permission - Issued.
6.41 Depreciation of fiber optic transfer node and fiber optic cable used by cable system operator (§§ 167 and 168) Description of change. Applicability. This change applies to a cable system operator
The IRS has issued guidance (Rev. Proc. 2015-12) providing several safe harbor methods of accounting for some property costs paid or incurred by cable system
Less: Costs capitalized for financial statement purposes that are deducted or deferred for Federal tax purposes, other than under this network asset maintenance allowance safe harbor, such as research
Subject: Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17 (5) of the CGST Act, 2017 -
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