You are here: Home » Companies » News
Business Standard

Airtel moves top court claiming error in DoT's assessment of AGR dues

So far the company has made a total payment of Rs 3,500 crore

Topics
Airtel | Supreme Court | Department of Telecom

IANS  |  New Delhi 

Bharti Airtel
After Airtel's approach to the top court, there is anticipation that Vodafone Idea may make a similar move

Bharti has approached the over the assessment of adjusted gross revenue (AGR) dues payable by the company.

According to the telecom operator, the assessment by the Department of Telecommunications (DoT) has errors. As per DoT's assessment, Airtel's total dues stand at Rs 43,980 crore, out of which Rs 25,976 crore is due.Airtel's calculation, however, shows that its total dues stand at Rs 13,004 crore. The telco has already paid Rs 18,004 crore.

"The applicants pray that the respondents be permitted to complete the process of assessments after considering the representations made by the applicants in this respect (including for the mathematical and calculation errors) and thereby determine the amounts due and payable," Airtel's petition said.

The petition also seeks "limited clarification" or modification or recall of the orders dated March 18, 2020, September 20, 2020, and paragraph 38 (i) of the order dated September 1, 2020.

In September, the apex court allowed telecom operators 10 years to pay up AGR dues.

After Airtel's approach to the top court, there is anticipation that Vodafone Idea may make a similar move.

Vodafone Idea's total AGR dues as per DoT stood at Rs 58,254 crore, while the dues according to the company stood at Rs 21,533 corre.

So far, the company has made a total payment of Rs 3,500 crore.

--IANS

rrb/sn/ash

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 06 2021. 17:54 IST
RECOMMENDED FOR YOU
.