Payment of AGR by Telcom Companies: LIVE UPDATES from Supreme Court

A Justice Arun Mishra led bench of the Supreme Court is hearing the case concerning the payment of Adjusted Gross Revenue (AGR) case by telecommunications companies.

The Court is likely to give an order on allowing telecom companies to make staggered payments over a 15 year time period

On July 2020, the Court had reserved its order on whether the telecom companies would be allowed to make staggered payments over 15 years.

While reserving its order, however, the Court had reiterated that no objection as to re-assessment or recalculation of the AGR dues would be entertained.

Vodafone Idea has to pay a balance of Rs 50,399 crore, while Bharti Airtel's outstanding amount is Rs 25,976 crore, Solicitor General Tushar Mehta had informed.

Regarding the timeline of payment, the Centre had sought a 20 -year period to be set for the payment of dues. Senior Advocate Mukul Rohatgi, appearing for Vodafone, had agreed for a 15-year period whereas TATA and other stakeholders had agreed for a 10-year period.