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Will withdraw 96% of Rs 4 trn AGR-relevant dues from PSUs: Centre to SC

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The Centre informed the Supreme Court docket on Thursday that the Division of Telecommunications (DoT) has determined to withdraw 96 for every cent of the Rs 4 trillion demand for AGR relevant dues raised from non-telecom PSUs like GAIL.&#13
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A bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah was educated by Solicitor Standard Tushar Mehta that DoT has filed an affidavit conveying the explanation for increasing the demand of AGR similar dues from the PSUs.&#13
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DoT sought time from the bench, listening to the subject by means of online video-conferencing, to answer to the affidavits submitted by non-public telecom businesses, like Bharti Airtel and Vodafone Strategy Ltd, on payment of their dues based on the Modified Gross Revenue (AGR).&#13
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The bench requested the telecom firms to file their fiscal statements prior to it and fixed the matter for listening to in third 7 days of July.&#13
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All through the listening to, the bench questioned about the security and assures which can be sought from telecom businesses to make sure payment of the dues.&#13
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Senior advocate Mukul Rohatgi, showing up for Vodafone Idea, mentioned that it has previously paid Rs 7,000 crore to the DoT, but presently keeping in brain the precarious economical affliction, it was not in a position to furnish any bank guarantee.&#13
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The bench observed that all through the ongoing Covid-19 pandemic, telecom is the sector which is earning funds and they should really deposit some funds as the government require that to offer with the predicament.&#13
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On June 11, the apex court experienced questioned the DoT to rethink its demand trying to get Rs 4 trillion in earlier dues from non-telecom PSUs, saying elevating these a demand working with its verdict on dues of telecom firms was “totally impermissible”.&#13
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The apex court had also requested telecom companies to file affidavit conveying the time required by them to clear the remaining statutory dues that arose from the court’s verdict, which included non-telecom revenues in the definition of AGR for calculating the amount due to the govt.&#13
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The bench had also requested the governing administration about the guarantees that can be sought to make sure telecom organizations abide by a time body and payment schedule.&#13
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Pursuing the apex court’s Oct 2019 verdict on the AGR to be employed for calculating federal government dues these types of as licence fee and spectrum fees, the DoT had sought Rs 4 trillion in previous dues from gasoline utility GAIL India Ltd, electrical energy transmission agency PowerGrid, Oil India Ltd, Delhi Metro and other folks.&#13
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The state-owned corporations challenged the demand, stating telecom was not their main company and revenue from licences this sort of as ISP fashioned a meagre component of their revenue.&#13

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