SC attacks order on telecom companies
National

SC attacks order on telecom companies

Pennews

The Supreme Court came down heavily on Wednesday on the government, which had asked the top court to allow telecom providers to make annual installments of staggered payment of adjusted gross revenues (AGR) dues.

'If reassessment is permitted - it is fraud on this court. We won't spare officials who allowed reassessment of telecom dues,' the Court said, ordering the Department of Telecom (DoT) to withdraw its move to allow reassessment.

The judges called it a question of 'this court's prestige'.'Do companies feel they are more powerful on earth,' the court questioned.

The government had approached the Supreme Court seeking approval for a formula allowing telecom service providers to make annual installments of unpaid or remaining AGR dues in next 20 years or more.

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