Govt notice to Tata Teleservices, Telenor, Reliance Jio- due payment

     Written by : SMTV24x7 | Mon, Jan 01, 2018, 12:14 AM

Govt notice to Tata Teleservices, Telenor, Reliance Jio- due payment

New Delhi, Jan 01: Five telecom operators including Tata Teleservices, Telenor and Reliance Jio will soon get face government notice for pending payment to government including payment for licence, spectrum charge and late fee interest.

The Department of Telecom (DoT) will issue notice to five telecom operators to recover Rs 2,578 crore.

"The DoT will raise demand of Rs 2,578 crore from the five telecom operators as was mentioned by the CAG in its report this month. The demand will be raised after reconciling the accounts" an official source said.

As per the report of the Comptroller and Auditor General of India (CAG) tabled in Parliament on December 19, Tata Teleservices, Telenor, Videocon Telecom, Qaudrant (a Videocon Group firm) and Reliance Jio have understated revenues by over Rs 14,800 crore, resulting in a shortfall of nearly Rs 2,578 crore to the exchequer.

The CAG report said the government was paid Rs 1,015.17 crore less in licence fee, Rs 511.53 crore less in spectrum usage charge, and Rs 1,052.13 crore less as interest applicable on delay in payment.