Supreme Court dismisses telecom companies’ plea for correction of ‘errors’ in AGR calculation – Times of India

NEW DELHI: The Supreme Court on Friday dismissed a plea of telecom companies for correction of alleged errors in adjusted gross revenue (AGR) calculation.
The top court had in September last year granted telecom companies a period of 10 years to clear their pending AGR dues to the central government with 10 per cent payment every year.
The deadline given to the company for first instalment was March 31, 2021.

The matter came back to the court after the telcos didn’t submit the amount disputing the calculation done by the department of telecom (DoT) and claiming that they have already submitted more than 10 per cent of the amount.

The companies have also accused the DoT of making arithmetical errors in calculations regarding the AGR dues and want the court to direct the telecom department to consider their submissions.
Major telcos, including Vodafone-Idea and Bharti Airtel, owe substantial amounts to the DoT.
The total liability on Vodafone-Idea is Rs 58,254 crore, while Bharti Airtel has to pay Rs 43,980 crore and Tata Teleservices owes Rs 16,798 crore to the government.