Five telecom companies-Airtel, Reliance, Tata Teleservices, Vodafone and Idea have been served notices by the government to the tune of Rs 10,826.69 crore for understating revenues for financial years 2006-07 and 2007-08.
“Total amount of revenue under stated is Rs 10,826.69 crore and the total licence fee demand raised, which also includes interest is Rs 1,841.67 crore from these telecom companies”, minister of state for Communication and Information Technology, Milind Deora told the Parliament.
He said that the government has sent show cause notices to Reliance for understating Rs 3,402.92 crore, Tata Teleservices (Rs 3,156.46 crore),Bharti Airtel (Rs 1,927.50 crore), Vodafone (Rs 1,490.94 crore) and Idea(Rs 848.87 crore),
He said that the Kerala High Court, the tribunal Telecom Disputes Settlement Appellate Tribunal ( TDSAT) and Chennai High Court have stayed it.
Deora said that the pecial audit of five major private telecom group companies including the Vodafone group has been conducted for the financial years 2006-07 and 2007-08.
He said that total amount of revenue under stated is Rs 10,826.69 crore and the total licence fee demand raised, which also includes interest is Rs 1,841.67 crore from these telecom companies, it added.
"The government has sent show cause notice/demand notice to all the aforesaid licensees. The notices include interest as per the terms and conditions of the licence agreement. The demands raised on account of special audit have been stayed by Kerala High Court/TDSAT/Chennai High Court," Deora said.
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