Tata Comm's under-reporting of revenue led to loss of Rs 645-crore fee

According to the CAG report, the telecom department only levied Rs 305.25 crore as a LF on the firm

Tata Communications under-reported gross revenue between 2006-07 to 2017-18 which led to a Rs 645 crore lower levy of licence fee during the period, the Comptroller and Auditor General of India (CAG) has said in a report. The CAG also said the amount needs to be recovered from Tata Communications (TCL).

“Audit scrutiny of Audited AGR Statements with reference to Profit & Loss Statements and Balance Sheets in respect of NLD, ILD and ISP-IT licenses of TCL for the period from 2006- 07 to 2017-18 revealed that there was an under-reporting of Gross Revenue (GR) by Rs 13,252.81 crore and consequent