SC to pass orders on telcos pleas raising issue of error in AGR calculation
The Supreme Court on Monday said it would pass orders on applications filed by telecom majors — Vodafone Idea, Bharti Airtel and Tata Tele Services Ltd — raising the issue of alleged errors in calculation in the figure of Adjusted Gross Revenue (AGR) related dues payable by them.
The apex court in September last year had given 10 years time to telecom service providers struggling to pay rupees 93,520 crores of AGR related dues to clear their outstanding amount to the government.
A bench headed by Justice L N Rao referred to the earlier order passed by the apex court in the matter and observed that they said no re-assessment of AGR related dues can be done.