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AGR woes: Sunil Mittal meets telecom secy, says Airtel has paid full dues

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AGR woes: Sunil Mittal meets telecom secy, says Airtel has paid full dues

AGR woes: Sunil Mittal meets telecom secy, says Airtel has paid full dues

Nowhere does the Supreme Court order talks about the quantum of AGR dues to be paid by telcos to DoT: Mittal
Bharti Airtel paid its full AGR dues and submitted self- assessment document, he added

Amid concerns over the Supreme Court’s order on payment of AGR dues, Bharti Airtel chairman Sunil Bharti Mittal met Telecom Secretary today.

Mittal asserted Airtel has paid its full dues of about ₹13,000 crore, reported PTI.

Emerging from a meeting with Telecom Secretary Anshu Prakash, Mittal said, “They said pay full….we have paid full dues.”

AGR woes: Sunil Mittal meets telecom secy, says Airtel has paid full dues

“We have paid our full dues. It is in our letter … which is about ₹13,000 crore, and ₹5,000 crore which is extra,” Mittal told PTI.

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 told PTI.

Bharti Airtel has paid ₹13,004 crore to the government in two installments. It had also deposited an additional ₹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 company had earlier made additional payment of ₹8,004 crore towards AGR dues, which was an addition to ₹10,000 crore it had paid on February 17, 2020 in compliance to the Supreme Court judgment, it said in a regulatory filing.

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

Neha Bansal is a Delhi based engineering graduate and has done her Post Graduation in Human Resource Management. She has a deep interest in startups, business & technology.

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