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‘Telcos need to pay 10 of total AGR dues by

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Telecom operators, together with Bharti Airtel and Vodafone Thought, which have pending adjusted gross income dues must pay 10 p.c of the whole legal responsibility by March 31 regardless of the part-payments made by them, in line with authorities sources.

Operational telecom operators are anticipated to pay Rs 12,921 crore by March 31, of which near 80 p.c needs to be paid by Vodafone Thought and Bharti Airtel.

“The Supreme Courtroom order could be very clear that telecom operators must make 10 p.c fee of the whole dues as demanded by DoT by March 31, 2021. DoT has already raised demand for full AGR dues. The 10 p.c fee to be made by this March can be calculated on complete AGR legal responsibility,” a DoT official instructed PTI.

The officer stated that telecom operators can clear the steadiness dues in 10 yearly instalments from the following monetary 12 months onward.

In response to the officer, Vodafone Thought must pay round Rs 5,825 crore and Bharti Airtel Rs 4,398 crore in opposition to the whole demand of Rs 58,254 crore and Rs 43,980 crore, respectively, raised by the DoT following the apex courtroom order.

The fee needs to be made regardless of part-payments of Rs 7,854 crore and Rs 18,004 crore already made by Vodafone Thought and Airtel, respectively, the officer stated.

“The Supreme Courtroom was conscious of the fee the businesses have already made. Nonetheless they clearly talked about about 10 p.c of ’complete dues as demanded by DoT’,” the officer stated.

Equally, BSNL and MTNL, who haven’t made any fee, must pay Rs 583.5 crore and MTNL round Rs 435 crore by the tip of this fiscal, in line with the DoT’s interpretation of the apex courtroom order.

When requested if DoT will elevate demand discover for the fee, the officer stated there is no such thing as a want for any discover because the apex courtroom order is already in place and firms are conscious of the fee that they must make.

Solely Reliance Jio is not going to must make any fee because it has cleared your entire AGR dues of Rs 195.18 crore, one other officer clarified.

The DoT has raised complete demand of round Rs 1.47 lakh crore from telecom firms.

A few of the firms like Reliance Communications (complete dues Rs 21,139 crore) , Aircel (Rs 10,229.77 crore), S Tel (Rs 55.67 crore), Etisalat DB (Rs 31.81 crore) are both going by way of liquidation course of or have shut down their operations.

Disclaimer: “Reliance Industries Ltd. is the only real beneficiary of Unbiased Media Belief which controls Community18 Media & Investments Ltd.”

First Revealed on Sep 21, 2020 05:13 pm

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