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  • Fri. Nov 22nd, 2024

No self-assessment of AGR dues, verdict ‘final’: Supreme Court tells telcos

Byindianadmin

Mar 18, 2020 #telcos, #tells
No self-assessment of AGR dues, verdict ‘final’: Supreme Court tells telcos

NEW DELHI: The Supreme Court on Wednesday told telecom operators to settle all dues and termed the 20 years’ time frame proposed by the government for AGR (adjusted gross revenue) payment as “unreasonable”.

The top court directed that “no self-assessment or re-assessment of AGR dues needs to be done by telecom companies” and if done “they will be held in contempt”.

“Serious fraud being committed by telecom companies by asserting to do self-assessment of AGR dues,” the SC noted.

It further stated that the “judgment on AGR dues i





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