The ICC Champions Trophy could be without Sachin Tendulkar

The Board of Control for Cricket in India (BCCI) said the scheduling of the tournament in October severely reduced the revenue it could generate.

"We're not free in October in 2007, 2008 or 2009," said BCCI vice-president Lalit Modi. "We have made our position clear to the to the ICC many times.

"If others want to play, they can, but why should we play in October?"

India have complained that the scheduling of the event means they have to limit the number of Tests and one-day internationals they can host.

Champions Trophy venues revealed

"We've not signed any agreement to play in future editions and we've made our position very clear to (world governing body) the ICC many times," added Modi.

The frequency of India v Australia Tests has been modest compared to Ashes series Peter Young Head of corporate affairs

This year's Champions Trophy takes place from 7 October to 5 November.

And the 2008 event would likely be scheduled around similar dates, so an incoming tour, which could involve Australia, India would in theory deprive the event of two of its most important nations.

Cricket Australia refused to be drawn on the details of its future tours.

But head of corporate affairs Peter Young told BBC Sport that "the frequency of India v Australia matches had been modest compared to Ashes series" between England and Australia.

"That is something that Cricket Australia is looking to address and our chief executive and chairman were in India before Christmas, partly as a protocol visit, but also to discuss our bilateral ambitions," he said.

"Cricket Australia remains committed to the ICC's future tours programme, which includes events like the World Cup and the Champions Trophy."

The Champions Trophy was launched in 1998 to help raise funds for the ICC's development projects.