Airtel has paid full AGR dues of about Rs 13,000 cr, says Sunil Mittal

Emerging from a meeting with Telecom Secretary Anshu Prakash on Wednesday, Mittal said, 'They said pay full....we have paid full dues'

Sunil Mittal
Mittal said that the government had asked companies to self assess their statutory dues, which Airtel has already done and made payments accordingly
Press Trust of India New Delhi
2 min read Last Updated : Mar 11 2020 | 9:10 PM IST

Bharti Airtel chairman Sunil Mittal on Wednesday asserted that the company has already paid its "full" adjusted gross revenue dues at about Rs 13,000 crore.

The comment assumes significance asthe government on March 4 had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay the remaining adjusted gross revenue (AGR) dues as per the Supreme Court order without further delay.

The telecom department had then written to all telcos asking them to pay balance dues "without delay" and submit detailed bifurcation of payments (explanation of self-assessed amounts), which it said were necessary for proper reconciliation of legitimate AGR dues.

Emerging from a meeting with Telecom Secretary Anshu Prakash on Wednesday, Mittal said, "They said pay full....we have paid full dues."

"We have paid our full dues. It is in our letter ... which is about Rs 13,000 crore, and Rs 5,000 crore which is extra," Mittal said.

Mittal said that the government had asked companies to self assess their statutory dues, which Airtel has already done and made payments accordingly.

"There is no versus...They asked us to self assess, we have self assessed and paid," Mittal said.

Bharti Airtel has paid Rs 13,004 crore to the government in two installments. It had also deposited an additional Rs 5,000 crore "as an ad-hoc payment (subject to subsequent refund/adjustment) to cover differences, if any, arising from the reconciliation exercise with the DoT.

The total payout by Bharti Airtel, however, is half of Rs 35,586.01 crore liability estimated by the DoT.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Adjusted gross revenueSunil MittalBharti Airtel

First Published: Mar 11 2020 | 7:14 PM IST

Next Story