Supreme Court  dismisses telcom major’s pleas for re-calculating AGR
Supreme Court dismisses telcom major’s pleas for re-calculating AGR
Share:

The Supreme Court dismissed their plea seeking correction of alleged errors in Adjusted Gross Revenue (AGR) calculation. A bench headed by Justice L. Nageswara Rao said all applications dismissed.

On Monday, Supreme Court already said it would pass its order on applications filed by three majors namely Vodafone Idea, Bharti Airtel and Tata Tele Services Ltd,  alleging arithmetical errors in calculation of AGR dues payable by them. The top court, citing an earlier order in the matter, had noted the order clearly point out that no reassessment of AGR-related dues can be done. The telcos submitted that arithmetical errors can be rectified and there are cases of duplication of entries.

Senior advocate Mukul Rohatgi, representing Vodafone Idea, had submitted they were not blaming the Department of Telecommunications (DoT) for it, and there are arithmetical entries. Rohatgi added that they want to bring these errors to the attention of concerned department, for their rectification. The bench reiterated that the apex court order had made it clear that there can't be any re-assessment. Rohatgi responded figures are "not cast in stone" and added, tribunals don't have the power of review but they can correct arithmetical errors. He submitted that they were not seeking any extension of time.

Ford Figo automatic variants launched in India, starts at Rs 7.75 lakh

Evacuation of people from hilly areas of rain-hit Konkan is in progress: CM Thackeray

Kerala Health Minister dispels 1mn vax doses lying unutilised

 

Join NewsTrack Whatsapp group
Related News