New Delhi : The penalty woes for Vodafone refuses to go with the Department of Telecom imposing a fresh penalty of Rs 1,263 crore for allegedly under reporting revenues during financial years 2008-09 and 2010-11, reports PTI.
Official sources said: “The notice has been given today. It (Vodafone) has been asked to pay within 15 days.” Based on telecom licences, telecom operators are required to pay licence fee and spectrum usage on adjusted gross revenue (AGR) which earned from telecom services only.
The DoT found that adjusted revenue filed by the firm was inappropriate. Vodafone declined to comment. The company is struggling to settle the Rs 11,200 crore tax liability case with the Indian government over its acquisition of Hutchison’s stake in Hutchison-Essar in 2007. The firm is also in dispute with DoT over its 3G intra-circle roaming agreement with Airtel and Idea Cellular.