After Airtel, Vodafone Idea moves SC over DOT’s assessment errors
It also said that deduction has not been given for PSTN related call charges and for roaming charges actually paid to other operators.
It also said that deduction has not been given for PSTN related call charges and for roaming charges actually paid to other operators.
However, as per telco’s self-assessment, its total dues to the government stand at Rs 13,004 crore. The telco has already paid Rs 18,004 crore.
On the other hand, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards.
The court also said that the National Company Law Tribunal (NCLT) should decide whether or not spectrum can be sold under the Insolvency and Bankruptcy Code.
The telco reportedly gave assurance to its lenders saying that it will not seek loan restructuring or easing of terms of repayment.
It seems that the court could ask for some upfront payment to allow staggered payment of the remaining AGR dues.
The bench told Vodafone that the question for the company is to show its bonafide.
A bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah asked the telcos to file a reply on the roadmap of payment in a period of five days.
While a conclusion was not arrived at, the SC also struck down the government's demand of seeking Rs 4 lakh crore from PSUs for telecom licences.
In its order, the top court had said that no self-assessment can be done on AGR dues and no further objection on its verdict would be entertained.
