Airtel submits Rs 8000 crore more as AGR dues, including Rs 5,000 crore extra, subject to DoT reconciliation

Bharti AirtelNSE 1.12 % has paid the telecom department Rs 8004 crore more as statutory dues in its second tranche, taking the total amount paid by the operator to the government to Rs 18,004 crore .

The latest deposit as adjusted gross revenue (AGR) dues is split into Rs 3004 crore as full and final towards its AGR dues, based on its self assessment. It paid an additional Rs 5000 crore as “ad-hoc payment”, subject to refund after the telecom department reconciles it’s own estimates with the telco’s.

“…the Company has paid an additional amount of Rs. 3,004 crores towards the full and final amounts due over & above the ad-hoc amount of Rs, 10,000 crores paid on February 17, 2020 on behalf of the Bharti Group of Companies (Bhartii Airtel, Bharti Hexacom and Telenor India),” said the telco in a regulatory filing on Saturday.