DoT asks ISPs to give audited AGR reports

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New Delhi, Nov 14 (IANS) DoT has sent letters to internet services providers (ISPs) to submit the audited Adjusted Gross Revenue (AGR) documents up to 2018-19 in Kerala circle and will soon start sending them across the country for compliance of the Supreme court order on AGR dues payment.

In letters to the Kerala circle ISPs, the DoT said “The Supreme Court while upholding the AGR definition as defined in the licence agreement of DoT has given a time period of three months within which the judgement is to be implemented and compliance reported.”

In view of this, DoT (HQ) has instructed the offices to complete all assessments and reassessment of licencees of Kerala circle and the compliance be reported on documents by November 28.

Officials said PGCIL, Gail, RailTel, Oil India, and DMRC are likely to be sent letters for paying the AGR that can run into crores.

The top court has said AGR must include all revenues including those from non-core activities as well if a company has a telecom licence.

–IANS
ana/kr

Disclaimer This article is published directly through a syndicated feed and not edited by The Indian Wire staff.

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