India's leading private telecom company Bharti Airtel has paid Rs 8,004 crore as Adjusted Gross Revenue (AGR) to the Department of Telecommunications. On February 17, the company had deposited Rs 10,000 crore under this head. With this, the company has paid a total of Rs 18,004 crore so far. Airtel has deposited this amount after the Supreme Court pulled the telecom companies and the Department of Telecommunications for the outstanding AGR, and Bharti Airtel gave this information to the stock markets on Saturday.
A media reporter has given information about this by tweeting. The agency wrote in its tweet, "Bharti Airtel has deposited Rs 8,004 crore more in AGR item in Telecom Department. Apart from this, the company had earlier deposited Rs 10,000 crore on 17 February. At the same time, the company has paid Rs 18,004 crore so far in compliance with the Supreme Court's decision and guidelines related to AGR. Have assessed. Apart from this, interest is also included in the payment till February 29, 2020. The company has said that it has assessed liability as AGR from FY 2006-07 to 31 December 2019. Apart from this, interest up to February 29, 2020 is also included in compliance with the decision of the Supreme Court.
Apart from this, the company has informed the stock exchanges, "The company paid Rs 3,004 crore for the entire payment after the ad-hoc payment of Rs 10,000 crore deposited by the Bharti Group of Companies on February 17, 2020. This payment has been made for the payment of dues on Bharti Airtel, Bharti Hexacom and Telenor India. With this, Airtel has said, "We have paid Rs. 5,000 crores to bridge any refunds and gaps. Additional amount of Is paid. '' License fees, spectrum fees, liability of Rs 35,586 crore as interest and penalties as of July 2019 the amount outstanding on Airtel estimates DOT.
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