The Supreme Court on Monday (November 3) said the government can review and reassess Vodafone Idea’s (Vi’s) adjusted gross revenue (AGR) dues up to the financial year 2016–17, including interest and penalties. This decision brings major relief to the financially struggling telecom operator.
AGR is the measure used to calculate the licence fees and spectrum charges telecom companies owe the government.
SC clarification
The clarification follows a Supreme Court order from October 27 , which limited relief to Vodafone Idea for additional AGR dues up to FY17. The Department of Telecommunications (DoT) had raised an extra demand of about Rs 5,600 crore for that period. Overall, Vodafone Idea’s total AGR dues amount to around Rs 83,400 crore.
The clarification is significant as the telco

The Indian Express

Free Press Journal
Businessline
Livemint
The Tribune
Medical Dialogues
Vartha Bharati
Rolling Stone
RadarOnline