The SC had on October 24 upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the DoT.
The Department of Telecom (DoT) has issued notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court, according to an industry source.
The DoT has given option to telecom operators to clear all the dues on self-assessment basis.
The apex court had upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the DoT.
The court held that all revenues, except for termination fee and roaming charges, will be a part of the AGR while telcos argued that non-telecom, non-core revenues should not be a part of the AGR.
In the next two weeks, the telecom department will seek the Cabinet's nod on the panel's proposals, the official said. Vodafone's decision to halt further investments in India has also given rise to concern, the official added.
According to an internal estimate prepared by the DoT, total dues on the telecom service providers arising out of SC order are around Rs 1.33 trillion.As per DoT's estimate, liability of Bharti Airtel Group stands at Rs 62,187.73 crore, Vodafone Idea at Rs 54,183.9 crore and BSNL and MTNL at Rs 10,675.18 crore.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.