The government has issued show-cause notices to five telecom firms, including Reliance Communications and Tata Teleservices, for alleged understatement of revenues of over Rs 10,000 crore for the financial years 2006-07 and 2007-08, Milind Deora, the Minister of State for Communications and IT, told the Lok Sabha in a written reply.
The government has sent notices to Reliance Communications for understating revenue of Rs 3,402.92 crore, Tata Teleservices (Rs 3,156.46 crore), Bharti Airtel (Rs 1,927.50 crore), Vodafone (Rs 1,490.94 crore) and Idea (Rs 848.87 crore).
However, the issue has been stayed by the Kerala High Court, the Telecom Disputes Settlement Appellate Tribunal (TDSAT) and the Chennai High Court,
"(A) special audit of five major private telecom group companies, including the Vodafone group, has been conducted for the financial years 2006-07 and 2007-08," Mr Deora added.
The total revenue understated is Rs 10,826.69 crore and the total licence fee demand raised, which includes interest, is Rs 1,841.67 crore.
"The government has sent show cause notice/demand notice to all the aforesaid licensees. The notices include interest as per the terms and conditions of the licence agreement. The demands raised on account of special audit have been stayed by Kerala High Court/TDSAT/Chennai High Court," Deora said.
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