The Supreme Court denied pleas from Vodafone Idea, Bharti Airtel, and Tata Teleservices for a waiver of Adjusted Gross Revenue dues. Vodafone Idea faces severe financial pressure, warning it may cease operations by FY26 without government aid. Airtel sought relief from interest and penalties, emphasizing the ruling’s financial burden on the telecom sector.
Today, On 20th November, the Supreme Court ruled that telecom companies, including Airtel and Vodafone Idea, are eligible for CENVAT credit on items like tower parts and shelters. This decision clarifies their classification under tax rules, upholding a 2021 Delhi High Court ruling and overturning a prior Bombay High Court decision.
The Delhi State Consumer Disputes Redressal Commission (SCDRC) upheld a Rs 5 lakh penalty imposed on Airtel for harassing a customer with phone calls and disconnecting his services over unpaid dues, despite the amount having been duly paid.
