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Airtel pays up Rs 10,000 cr dues, to pay balance before next court hearing

Source: PTI  -  Edited By: Saisuresh Sivaswamy
February 17, 2020 12:01 IST
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After the Supreme Court’s rap and the government's stringent deadline, Bharti Airtel on Monday said it has paid Rs 10,000 crore to the telecom department towards statutory dues. 

The company said it will make the balance payment after a self-assessment exercise. 

"The... total amount of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor. 

"We are in the process of completing the self-assessment exercise expeditiously and will duly make the balance payment upon completion of the same, before the next date of hearing in the SC," Bharti Airtel said. 

 

The company said it will also submit supporting details at the time of making the balance payment. 

The telecom department on February 14 began issuing orders asking firms such as Bharti Airtel and Vodafone Idea to clear their past dues immediately. 

The DoT, which faced the ire of the Supreme Court for putting on hold the recovery of dues from telecom companies, had started issuing circle or zone-wise demand notices to the firms. 

Airtel had previously responded to the DoT’s order by offering to pay Rs 10,000 crore by February 20 and the remaining before March 17. 

Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government.

Photograph: Rupak De Chowdhuri/Reuters.

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Source: PTI  -  Edited By: Saisuresh Sivaswamy© Copyright 2020 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
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