AGR storm hits PSUs, notices sent to every licensee of DoT
By MYBRANDBOOK
So it is not just telcos like Airtel and Vodafone Idea that have to pay the adjusted gross revenue (AGR) dues Rs 45,000 crore each, but also top PSUs who might now have to pay over Rs 2,00,000 crore as well. And for all these PSUs, the telecom business had been a minor part of their business.
As per an internal Department of Telecommunications (DoT) committee, GAIL will have to pay a little over Rs 1.72 lakh crore as AGR dues. The PSU had an internet as well as a mobile phone licence, and did an earning of just Rs 35 crore since 2001-02; DoT put its AGR at Rs 2.5 lakh crore.
As per DoT’s definition of AGR, which the Supreme Court ratified last month, several items of non-telecom revenue also have to be added to the AGR. The Supreme Court, on its part had upheld DoT’s definition of gross revenue and AGR in its October 24 order while dismissing appeals filed by telecom operators. The court had also upheld the imposition of interest, penalty and interest on penalty.
Similarly, PowerGrid which had both a national long-distance as well as an internet licence said its AGR since 2006-07 was Rs 3,566 crore, which DoT estimated it at Rs 1.25 lakh crore. Once the interest on this as well as the penalty is added, the AGR dues become Rs 22,168 crore.
For the Delhi Metro, which reported a Rs 4.7-crore telecom AGR, DoT raised this to Rs 33,005 crore.
All these firms have taken a licence from DoT either for internet services or national or international long distance etc.
According to sources, DoT has started issuing fresh notices to these companies to comply with the Supreme Court order and make the payment for licence fee and other dues. Earlier, DoT had sent notices only to telecom service providers and associations of internet service providers, virtual network operators and satellite providers.
As per the government, the telecom operators owe Rs 55,054.51 crore as spectrum usage charges (SUC) as on October 31, 2019, while the figure for licence fees stands at Rs 92,642 crore.
PSUs till now have not approached DoT for a clarification, but they are most likely to ask their parent ministries to represent their case.
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