Government asks Airtel, Vodafone Idea, others to pay balance AGR dues without delays: Sources - Economic Times, The Times of India

(Telecom News)

Stock Analysis, IPO, Mutual Funds, Bonds & More

The government has so far received about Rs 90, crore from AGR payments, including adhoc / buffer amounts given by telcos to meet any reconciliation differences.

PTI |

Last Updated: Mar 30, , 053. PM IST

The telecom department wrote to all the telcos asking them to pay balance dues “without delay” and also submit detailed bifurcation of payments (explanation of sel f assessed amounts), which are necessary for proper reconciliation of legitimate dues.

The government on Wednesday asked Bharti Airtel Vodafone Idea and other telecom companies to pay remaining AGR dues

as per the Supreme Court order, according to sources.

The telecom department wrote to all the telcos asking them to pay balance dues “without delay” and also submit detailed bifurcation of payments (explanation of self assessed amounts ), which are necessary for proper reconciliation of legitimate dues.

The government has so far received about Rs 80, 14 crore from AGR payments, including adhoc / buffer amounts given by telcos to meet any reconciliation differences.

However, the amounts paid by telcos is woefully lower than the DoT’s Adjusted Gross Revenue (AGR) calculation.

(Also Read) Service tax, GST added to AGR dues

AGR dues: DoT working on three options for telcos’ bailout

Hughes Network will clear AGR dues, won’t shut shop

Telecom companies asked to submit self-assessed AGR dues calculation

GAIL consults other PSUs on how to deal with claims for AGR dues

Commenting feature is disabled in your country / region.

(Copyright ©
Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

() (1) Government asks Airtel, Vodafone Idea, others to pay balance AGR dues without delays: Sources

Balance AGR dues of telcos pegged at Rs 1, 240, crore: Sanjay Dhotre

()

Government collects Rs 300, crore in AGR and statutory dues since SC’s rap

Amid coronavirus scare, Jio may opt for multiple vendors

Still a few years to go for 5G deployment: Ericsson

Telcos pay Rs 8, Cr to DoT, Vodafone Idea coughs up Rs 3k Cr

SBI board approves Rs 90, crore RCom insolvency resolution plan: Sources

Airtel pays Rs 1 , 2020 cr to DoT towards deferred spectrum dues; Jio pays Rs 1, cr: sources

. ) ()

Tatas pay additional Rs 2, crore to government towards AGR dues: Sources

DoT to write fresh letters to telcos questioning them on discrepancy in AGR dues math

Vodafone Idea pays Rs . crore to DoT for spectrum (Read More)