Earlier, Tata Teleservices had paid Rs 2,197 crore as its AGR dues to the DoT, saying it was the company’s full and final payment. The government had estimated around Rs 14,000 crore as Tata Teleservice’s AGR dues.
While, these two companies
have made their AGR payments after self-assessment, Vodafone Idea has made a payment of only Rs 3,500 crore so far against AGR dues estimated at more than Rs 50,000 crore.
Vodafone Idea, in a recent letter to the DoT, had made a string of demands to help it continue as a going concern. With both joint venture partners of Voda Idea making it clear that they wouldn’t put good money after bad, the telco may be headed for bankruptcy without any government intervention.
At the DCC meeting on Friday, no decision could be taken on providing relief to the telecom service providers due to discrepancy in the data for calculation of AGR, an official said.
The Supreme Court had on October 24, 2019, upheld the DoT definition of AGR, asking the telecom industry to pay up pending licence fee and spectrum charge dues along with penalties and interest within three months.
Subsequently, the court had dismissed a review petition by the telcos. When Bharti Airtel and Vodafone Idea filed a modification plea for extending the duration of payments, the court asked them to clear their dues before the next date of hearing, scheduled for March 17.