The Legal Point: Supreme Court has dismissed pleas of various Communication Giants. Plea demanded correction of alleged errors.
This has been written by Rashi Verma.
The Supreme Court on Friday dismissed the applications filed by telecom majors, including Vodafone Idea and Bharti Airtel, raising the issue of alleged errors in the calculation in the figure of Adjusted Gross Revenue (AGR) related dues payable by them. All the miscellaneous applications are dismissed, a bench headed by Justice L Nageswara Rao said while pronouncing the order.
The companies, hoping to reduce their dues, had argued DoT made arithmetical errors while calculating the AGR dues. They were seeking the apex court’s directions to correct the errors.
What is AGR?: AGR is a fee-sharing mechanism between the government and the telcos who shifted to the ‘revenue-sharing fee’ model in 1999. Earlier, they used to work on the ‘fixed license fee’ model. In this course, telcos are supposed to share a percentage of AGR with the government
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