Vodafone Idea paid AGR dues, claiming payment of full principal amount

Vodafone Idea, a loss-making telecom company, said on Monday that it has paid most of the Rs 3,354 crore to the Department of Telecommunications in respect of outstanding AGR, with the company stating that on the basis of its self-assessment, it has paid the entire principal amount. Has paid At the same time, with this latest payment, Vodafone Idea has paid a total of Rs 6,854 crore towards the outstanding AGR.

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The company said in a filing on the Bombay Stock Exchange, 'The company has made an additional payment of Rs 3354 crore to the Department of Telecommunications on Monday, which is the remaining part of the principal amount under the AGR liability. Has paid the entire principal amount of the outstanding AGR 6,854 crore. ' H is the total liability of Rs 53,000 crore including. According to the company's own assessment, it owes Rs 21,533 crore.

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It had given a self-assessment of its AGR liability to DoT on 6 March 2020. At the same time, the company stated the principal amount of AGR liability for the financial year 2018-19 from the financial year 2006-07 to Rs 6,854 crore. Earlier, the company had paid Rs 2,500 crore on 17 February 2020 and Rs 1,000 crore on 20 February under AGR liability. It is being told that the AGR dues case is scheduled to be heard in the Supreme Court on 17 March.

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