License Finance –Brief
The O/o CCA,HP is collecting license fee from the telecom operators licensed under the Indian Telegraph Act 1885 for providing various telecom services in the H.P Service Area.
The terms & conditions of the license prescribe the Gross revenue, Adjusted Gross Revenue, percentage levy of license fee payable etc. The licensee is permitted to make prescribed deductions from Gross Revenue and arrive at the Adjusted Gross Revenue (AGR), on the basis of which Service Provider is required to work out the license fee at the prescribed percentage basis and deposit it on self assessment basis, quarterly.
The CCA, H.P. performs the following functions:
i) Collects license fee from all UASL/ CMTS/ Basic/UL/ ISP & ISP- ITs/ NLD/ ILD/ PMRT Service Providers in H.P. service area.
ii) Carry out the verification of deductions claimed by the Service Providers holding UASL, CMTS, Basic, UL, and allow /disallow claims for deduction based on such verification.
(iii) Assessment of License Fee payable w.r.to decentralized licenses.
(iv) Maintenance of Financial Bank Guarantees & Performance Bank Guarantees as prescribed under the license, their periodical review for validity and amount.
(v) Accounting of the above Revenue and submission of periodical reports to DOT HQ.
Office of CCA ensures that dues of government are correctly assessed w.r.t. license fee and deposited into the Government account timely.