AGR dues: Bharti Airtel pays Rs 10,000 crore to DoT

NEW DELHI: Telecom operator Bharti Airtel on Monday paid Rs 10,000 crore to the division of telecommunications (DoT) in reference to the adjusted gross income (AGR) dues. “The … complete quantity of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor. We’re within the technique of finishing the self evaluation train expeditiously and can duly make the steadiness cost upon completion of the identical, earlier than the following date of listening to within the SC,” Airtel stated.
Airtel, Vodafone Thought and Tata Teleservices are more likely to make cost for AGR dues to keep away from stringent punitive motion from the telecom division, in line with an official supply.
The three corporations are collectively liable to pay dues of over Rs 1 lakh crore, however they’ve knowledgeable the DoT of creating solely partial cost, as per their representatives.
Operators are collectively liable to pay Rs 1.47 lakh crore in AGR dues as per the Supreme Courtroom order dated October 24, 2019. The deadline to pay the quantity ended on January 23, however not one of the telecom operators, besides Reliance Jio, paid the quantity.
Even state-owned BSNL and MTNL didn’t pay the dues.
As per the final obtainable estimates, Airtel owes practically Rs 35,586 crore, together with licence price and spectrum utilization prices, to the federal government.
Vodafone Thought is observing dues value Rs 53,000 crore, which incorporates as much as Rs 24,729 crore of spectrum dues and one other Rs 28,309 crore in licence price. Tata Teleservices, which offered its cell providers enterprise to Airtel, owes round Rs 13,800 crore, BSNL Rs 4,989 crore and MTNL Rs 3,122 crore.
Out of Rs 1.47 lakh crore, round Rs 1.13 lakh crore is more likely to be recovered, as different corporations, that are liable to pay AGR dues, have folded up their companies.
Reliance Communications (RCom) and Aircel are going by insolvency proceedings.
The highest courtroom on Friday got here down closely on the telecom division for not taking steps to get better statutory dues from the operators.
(With PTI inputs)

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