Telecom companies will not get input tax credit refund as the Goods and Services Tax Council (GSTC) will decline any such requests, said Bihar Deputy Chief Minister Sushil Kumar Modi. The input tax credit means reducing the taxes paid on inputs from taxes to be paid on output. It is the credit manufacturers get for paying input taxes for inputs used in the production of goods. The (input tax) credit claim by the telcos is Rs 36,000 crore on inputs such as the equipments used to offer telecom services. The refusal by the GSTC will dash the hopes of any financial aid for the troubled telecom sector.