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Oil India moves Supreme Court over AGR order

The company has been served a notice of Rs 48,000 crores including licence fee, penalties and interest for the period from FY 2007-08 to FY 2018-19 by the department of Telecommunication (DoT).

ET Bureau|
Last Updated: Jan 22, 2020, 06.48 PM IST
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The petition has been filed before the Supreme Court.
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NEW DELHI: Government-owned energy producer Oil India, today said that it has filed a clarificatory/modificatory petition before the Supreme Court explaining the non-applicability of interpretation of Adjusted Gross Revenue to Non Telecom Companies.

“Since the award of NLD (National Long Distance Service) licence, the cumulative revenue of Rs.1.47 crore is earned by OIL from leasing of spare bandwidth capacity on which all applicable licence fee and other statutory dues as per license terms has been paid by OIL regularly,” Oil India said in a press release.

The company has been served a notice of Rs 48,000 crores including licence fee, penalties and interest for the period from FY 2007-08 to FY 2018-19 by the department of Telecommunication (DoT).

“DoT has issued demand notices to OIL seeking payment of licence fee on total reported revenue including revenue from sale of crude oil, natural gas etc., which neither relate to the NLD licence nor can be treated as supplementary/ value added services related to the NLD licence,” said Oil India.

OIL said that the NLD license is predominantly used for data acquisition system and only the spare bandwidth capacity is leased-out to other telecom operators.

OIL also said that it has taken up this matter with DoT & Ministry of Petroleum & Natural Gas along with other affected CPSEs (Central Public Sector Enterprises) and its next course of action will be based on the outcome of the petition.

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