Bombay HC Rejects Centre's One-time Spectrum Levy On Airtel and Vodafone Idea

The Bombay High Court struck down the Centre's one-time spectrum charge imposed on Bharti Airtel Ltd. and Vodafone Idea Ltd., ruling that the government could not retrospectively alter the financial terms of telecom licences years after they had been granted.

A division bench of Justice M.S. Sonak and Justice Jitendra Jain set aside the government's 2012 decisions introducing the levy and quashed the consequential demand notices issued to the telecom operators. The court also directed authorities to return the bank guarantees furnished by the companies pursuant to interim orders.
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Видео Bombay HC Rejects Centre's One-time Spectrum Levy On Airtel and Vodafone Idea канала NDTV Profit