Thu, Oct 27, 2016 | updated 06:19 PM IST

DoT to recover dues from six telcos soon

Updated: Jul 07, 2016 22:45 IST
New Delhi, June 7 (ANI): Issuing a clarification on the shortfall in revenue as pointed out by a Comptroller and Auditor General of India (CAG) report, the Department of Telecommunications (DoT) on Thursday said it was 'vigorously' examining the documents and would issue notices to six Telecom Service Providers shortly.

DoT said the CAG report on understatement of revenue by six service providers was received in February 2016, adding that the information contained in it pertains to years 2006-07 to 2009-2010, which was before the tenure of the current government.

"The Report points out a shortfall of Rs. 5000 crore of License Fee and Spectrum Usage Charge and Rs 7000 crore of interest. The six service providers are Bharti, Vodafone, Aircel, Reliance TATA and Idea," the statement said.

Asserting that the DoT received the key documents scrutinized by the CAG in mid-June 2016, the statement said, "These are being vigorously examined and the process of issue of demands for the four financial years for six operators in 22 license service areas in consonance with license agreement is currently ongoing."

The DoT has assured that the pending amount will be recovered with due interest and penalty as applicable under license agreements.

" Revenue Assurance is the top priority of DoT. The government is determined to recover every rupee of underpaid amount with interest and penalty from every defaulting company in the minimum possible time," the DoT statement added.

According to reports, the CAG in a report tabled in Parliament said these six companies under-reported their adjusted gross revenue (AGR) by Rs.46,045.75 crore, leading to a loss of Rs.12,488.93 crore to the exchequer from 2006 to 2010.

The six telecom operators, earlier in a joint statement, had contested the CAG findings. They said that the definition of AGR for the purpose of calculating licence fee is under litigation in various judicial forums, including TDSAT (Telecom Disputes Settlement and Appellate Tribunal), high courts and the Supreme Court. (ANI)