New Delhi, Dec 27: Your mobile bill may get cheaper if the recommendations of Telecom Regulatory Authority of India (TRAI) gets approved by Ministry of Finance. Telecom Minister Manoj Sinha, in a reply to a question in the Lok Sabha on Wednesday, said the Telecom Department has suggested that GST for telecom services be lowered to 12 per cent against the existing 18 per cent.
Sinha added that the telecom regulator has also favoured the reduction of licence fee and Universal Service Obligation levy, cut in Spectrum Usage Charges and relaxation in spectrum pay-out terms. “the DoT (Department of Telecom)…dated 01.12.2017 had recommended to the Department of Revenue during the process of the Budget exercise that a standard rate of GST at 12 per cent for telecom service should be fixed in place of existing 18 per cent,” PTI quoted Sinha as saying.
Sinha informed a favourable consideration of the matter would help reduce financial stress of telecom players. It would also enable them to offer affordable and quality services to consumers.
