- Supreme Court has marked that self-assessment of AGR dues is contempt of courtroom
- Bharti Airtel self-assessed quantity stands lower than Rs 18,004 crore
- Vodafone Idea has cleared their self-assessed principal quantity of Rs 7,000 crore
The Supreme Court addressed the AGR points and slammed the telcos together with DoT. As per the Supreme Bench, telcos mustn’t have been permitted the self-assessment of their AGR dues. However, the supreme courtroom has thought-about the federal government’s plea to permit a deferred cost mechanism to the confused telcos. Earlier, the Supreme Court backed the Department of Telecommunications (DoT) and acknowledged that AGR dues should embody non-core objects. The Supreme Court additionally stated that they’d not spare the telecom operators and DoT officers concerned within the self-assessment of AGR dues.
Self-Assessment of AGR dues is Contempt of Court
Justice Arun Mishra famous that self-assessment of AGR dues is contempt of courtroom and the bench is able to name managing administrators of the businesses and ship them to jail. Not solely this, however the courtroom additionally ordered that telcos should pay the whole quantity of curiosity and penalty as per their judgement. However, the Supreme Court bench will contemplate the deferred cost mechanism, as steered by the federal government.
Justice Arun Mishra addressed the solicitor normal Tushar Mehta and famous that media platforms and authorities officers have been attempting to affect the choice of the courtroom and misled the whole nation relating to the self-assessment of AGR dues. However, the self-assessment of AGR dues is a sheer violation of the bench orders.
Telcos Self-Assessed Dues are Lower Than DoT
Though the Supreme Court declared the self-assessment of AGR dues as a violation of bench orders. The telco giants earlier calculated their AGR dues and began clearing them off as per their calculations. As per Vodafone Idea, the AGR dues stand at Rs 21,000 crore out of which Rs 7,000 crore is the principal quantity which the telco has already cleared just a few days again.
However, DoT estimated that Vodafone Idea has to pay Rs 53,000 crore in the direction of AGR dues. Similarly, Bharti Airtel has marked that its self-assessed dues won’t cross Rs 18,004 crore, however as per DoT, the telco large has to pay a whopping quantity of Rs 35,000 crore in the direction of AGR dues. Abhishek Manu Sanghvi, who’s the senior advocate, acknowledged that Bharti Airtel has already paid Rs 13,000 crore together with an ad-hoc cost of Rs 5,000 crore and won’t bypass the choice of the Supreme Court.