Info-tech

Voda-Idea pegs self-assessed AGR dues at ₹21,533 crore

Rajesh Kurup Mumbai | Updated on March 06, 2020 Published on March 06, 2020

Beleaguered telco had paid ₹2,500 cr on February 17 and ₹1,000 crore on 20

Vodafone Idea Ltd (VIL), which has self-assessed its adjusted gross revenue (AGR) dues, will have to pay ₹21,533 crore as liabilities to the Department of Telecommunications (DoT).

This is from FY 2006-07 to FY 2018-19 and interest up to February 2020, and includes a principal amount of ₹6,854 crore, VIL said in a regulatory filing.

VIL had paid ₹2,500 crore on February 17, and another ₹1,000 crore on 20, as AGR dues, the company said, adding it has informed DoT of the self assessment.

Plea dismissed by court

While Bharti Airtel has dues of more than ₹35,500 crore, Vodafone Idea needs to pay more than ₹53,000 crore and Tata Teleservices’ dues stand at ₹13,823 crore.

In its verdict on October 24, the Supreme Court had directed all the licencees to make AGR dues totalling ₹1.47-lakh crore by January 23, while the operators filed a review plea. The plea was dismissed by the apex court on January 16.

On March 4, the Minister of State for Communications, Human Resource Development and Electronics & Information Technology, Sanjay Dhotre had informed Lok Sabha that DoT Vodafone Idea (Idea Cellular and Vodafone Group) had paid a total of ₹3,500 crore as spectrum usage charges (SUC) and licence fees (LF).

Idea Cellular has total dues of ₹15,230.37 crore (LF ₹8,485 crore and SUC ₹6,745.37 crore); Vodafone Group ₹37,808.23 crore (LF ₹19,824, SUC ₹17,984.23 crore), Dhotre added.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on March 06, 2020
This article is closed for comments.
Please Email the Editor