Supreme Court defers hearing Vodafone’s plea against new ₹9,450 cr demand after govt seeks more time
On Friday, the Supreme Court allowed Vodafone IDEA LTD to challenge additional. LaAfter looking for more time, the gross income (AGR) request from the 9,450 Crore-Sendika government.
Lawyer Tushar Mehta, who appeared for the center, said that on the bench, the government had an important share in the idea of Vodafone, it should be a solution for the benefit of consumers. He urgently urgently urgently heard the court to work for a decision next Friday.
The dispute follows the AGR dues of the Supreme Court of March 18, 2020 until 2016-17, based on the calculations of the Telecommunications Department (DOT) and to prevent the self-assessment or re-evaluation of the fees.
However, DOT has now searched for more payment for FY18 and FY19. In his petition dated September 8, Vodafone IDEA argued that most of the new demand was about the current periods that have already settled by the Supreme Court.
The government has 50% of the transformed Vodafone idea. LaThe agg of the telecom operator 53,083 Crore, February 2023 and April 2025, the two slices of self -esteem.
That La9,450 CRORE ADDITIONAL REQUEST, LaIdea Group and Vodafone Idea (Numericate in August 2018), while searching for 2,774 crore, La6,675 Crore is related to the Vodafone group (in advance).
The idea of Vodafone already owes it La83,400 crore in agr fees, with annual payments La18,000 Crore from March. Total obligations of Vodafone IDEA to the government, including penalties and interest La2 trillion.
The corrected gross income represents a portion of a telecom company for regulatory payments of gross income.
“Total approximately. La9.450 Crore was calculated by the point that should be taken into consideration by reference to payment on 31 March 2026. LaAs of March 31, 2025, 5,606 Crore – for the period up to 17, which was already crystallized by the Hon’ble Court. ”
The Telecom operator asked the Supreme Court to disrupt DOT’s FY17 and previous additional requests, and that all the agr dues for that period should be re -evaluated and ordering the agreement.
He warned that the suspicious responsibility threatened the survival and threatening the “livelihood of thousands of employees directly or indirectly. Vodafone IDEA serves approximately 198 million subscribers and employs more than 18,000 people.
DOT’s controversial mathematics
The idea of Vodafone also argued that DOT’s revised calculations – regarding license fees (agg percentage) and spectrum usage fees. If spectrum usage fees are included until FY17, additional fees are approximately LaAs of March 31, 2025, he said 6,800 crore.
In his August 13 letter, DOT said that the unpaid license fees that were updated until 19 financial years were not given a table in the Supreme Court’s 1 September 2020 decision. He added that the reviewed amounts were calculated by interest and penalties until October 2019 and updated by 8% annually by March 2025.
In the August 28 response, Vodafone rejected the review without a statement of the Supreme Court and said he did not accept any responsibility beyond the periodic interest. La58.254 Crore and marked errors in DOT’s FY18 and FY19 calculations.
In April, Bharti Airtel also asked DOT to transform agr dues approximately. LaIt has become 40,000 Crore Özkaynak, which can give the government 3-4%.
Airtel said he was later ready to pay dues, but expects a similar relief with other telecom operators. Mint previously reported that Airtel was likely to participate in the idea of Vodafone in this last Supreme Supreme Movement.
AGR Background
The dispute is based on 2019, in which the Supreme Court decides that telecom operators should pay legal dues at AGR, including non -telecom revenues. Then, Dot Vodafone fixed the dues of the idea La58.254 Crore-Company is higher than the self-assessing estimation La21,500 crore.
In August 2024, the Apex court rejected healing petitions from Vodafone IDEA and other operators, and rejected the claim of Vodafone idea in May this year. La45,000 CRORE INTEREST AND PENALTY La83,400 Crore dues.
“This payment is about. La18,000 Crore, which must be paid annually for the next six years, exceed the company’s operational cash production capacity every year. ”
Company, annual payments LaFor the next six years, 18,000 crore is far beyond operational cash production. La8,400-9,200 crore per year.
Former General Manager of Vodafone’s idea, Akshaya Moondra, said that the early decision of the Agr dispute in August is critical for the telecom operator to secure bank financing.
Vodafone IDEA shares increased by about 7% at 11.55 at 11.55 La8.39 at NSE, benchmark Nifty 50, 25.299.20, approximately 0.5% or approximately 125 points fell.
