Govt has raised demand of Rs 1,846 cr from 5 telcos: Deora

Tags: News
The government has raised a demand of Rs 1,846.51 crore from five telecom companies based on a special audit for two consecutive assessment years starting 2006-07, Parliament was informed today.

"On the basis of special audit reports of five telecom group companies, the Department had raised the demand of Rs 1,846.51 crore (Rs 896.05 crore principal and Rs 950.46 crore as interest up to November 2012 and February 2013," Minister of State for Communications and IT Milind Deora said in a written reply to Lok Sabha.

The companies are Bharti Airtel, Vodafone, Idea, Tata Teleservices, and Reliance Communications, he said.

All the companies have obtained stay orders from High Courts of Kerala, Madras and Guwahati as well as Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against enforcement of the said demands, he said.

The Minister also said government proposes to get their accounts audited from the Comptroller and Auditor General of India (CAG).

He said the government while making the Telecom Regulatory Authority of India service providers rules 2002, also provided for audit of the book of accounts of the licencee companies by the CAG to secure an effective check on the assessment and proper collection of revenue.

This provision was challenged by the two main associations of telecom service providers and some individual licencees before the High Court of Delhi, which has since been dismissed and the provisions for audit of the revenues of telecom operators by CAG has been upheld.

"The associations and telecom service providers have filed a special leave petition before the Supreme Court against the said order and the matter is subjudice," Deora added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Skill gaps faced by India’s graduates cannot be filled easily

    India, the third largest economy in the world with regard to purchasing power parity, is expected to overtake China in its working population by 2028.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture