The Supreme Court on Monday reserved its order on the timeline of payment of adjusted gross revenue (AGR) dues by telcos, including Bharti Airtel, Vodafone-Idea India (VIL) and Tata Teleservices.
Both Airtel and VIL had requested the apex court for a 15-year window to clear the dues.
The Supreme Court has reiterated that 'there is no room for self assessment' and the telcos should treat the AGR dues estimated by Department of Telecommunications as final.
A three-Judge bench of Arun Mishra, S Abdul Nazeer and M.R. Shah heard the case and the next hearing has been scheduled for August 10.
The apex court, in its hearing on June 18, had directed these operators to file audited balance sheets of the past 10 years and come up with payment proposals. It had also asked DoT to consider these proposals.
On May 18, the apex court lashed out against the operators for self-assessing their outstanding AGR dues, saying they need to pay past dues with interest and penalty, totalling around ₹1.6-lakh crore.
According to the DoT’s estimates, while Airtel has AGR dues of ₹43,980 crore, VIL has ₹51,400 and Tata ₹16,788 crore dues
On Friday, VIL paid ₹1,000 crore as part payment of its dues. Before this, the company had paid ₹6,854 crore of the total dues.
Similarly, Airtel had paid ₹18,004 crore and Tata had paid ₹4,197 crore.