Tata Communications disputes Rs1197.7 crore demand from DoT

New Delhi: Tata Communications has disputed the demand made by the Department of Telecommunications (DoT) for payment of dues worth Rs 1199.7 crore on grounds that the international and national long distance (ILD & NLD) licenses owned by the company do not fall under the purview of Supreme Court’s adjusted gross revenue (AGR) verdict.

It has also made a payment of Rs 379.5 crore to the DoT under protest during the quarter ended March 31, 2021, the company said in its financial results statement released Wednesday.

Read more

You may also like

More in Newspapers

Comments are closed.