Government may hire auditors to settle AGR dues row

Government may hire auditors to settle AGR dues row

Livemint

NEW DELHI : The government is exploring the possibility of roping in third-party audit firms to reconcile dues payable by telecom operators after differences emerged in individual calculations made by the government and telcos, said a person aware of the development.

The exercise, if successful, could result in the two parties reaching a middle ground on payment of adjusted gross revenue (AGR) dues. A 24 October verdict of the Supreme Court upheld the department of telecommunications' (DoT) definition of AGR and directed companies to pay licence fee and spectrum usage charge dues.

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