wordpress blog stats
Connect with us

Hi, what are you looking for?

After Airtel, Vi too approaches Supreme Court to get AGR due revised: Report

Supreme Court
Credit: Aditi Agrawal

Shortly after Bharti Airtel approached the Supreme Court to get the the Department of Telecommunications (DoT) to revise its Adjusted Gross Revenue (AGR) dues, Vodafone Idea Limited (Vi) did the same, the Economic Times reports. Vi reportedly told the court that the government has incorrectly assessed interest rates; the company reportedly estimates its total liability as ₹21,533 crore, whereas the DoT has slapped a bill of ₹58,400 crore on the company, some of which Vi has paid, bringing its liability (from the government’s viewpoint) to ₹5o,400 crore.

If Vi’s internal estimate prevailed, the company would have a burden of over ₹36,000 crore plus interest lifted from its shoulders. However, it’s not clear if the company’s plea at the Supreme Court — which seem to allege something as basic as arithmetic errors — would result in the DoT’s estimate matching that of the telco’s. We have reached out to Vi for comment.

Airtel’s approach certainly appears to have the potential to save it much revenue, assuming its arguments that these calculations are mistaken gains some currency in court. “It is submitted that the impact of such errors results in significant increase in the amounts being claimed by the Respondent, as for every Re. 1 increase in the principal amount, the levy of interest, penalty and interest on penalty results in the amount being claimed by the Respondent increasing by up to Rs. 8/-, depending on the year to which it pertains,” the company said in its earlier application, per LiveLaw.

The government may be inclined to defend its calculations, as these long-pending dues would represent a significant source of fiscal income from the telecom industry in the coming years.

Also read

Advertisement. Scroll to continue reading.

Written By

I cover the digital content ecosystem and telecom for MediaNama.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



While the market reality of popular crypto-assets like Bitcoin may undergo little change, the same can't be said for stablecoins.


Bringing transactions related to crypto-assets within the tax net could make matters less fuzzy.


Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.


The need of the hour is for lawmakers to understand the systems that are amplifying harmful content.


For drone delivery to become a reality, a permissive regulatory regime is a prerequisite.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ