Vodafone Idea pays additional ₹1,000 crore to govt towards AGR dues

New Delhi: Telecom firm Vodafone Idea on Saturday said it paid additional ₹1,000 crore to Department of Telecommunications on 17 July as part of its Adjusted Gross Revenue (AGR) dues.

“The Company had earlier deposited ₹6,854 crore in 3 tranches. The Company has thus paid an aggregate amount of ₹7,854 crore towards the AGR dues ,” the telco said in a regulatory filing on Saturday.

The company mentioned what the Supreme Court said at the last hearing held on 18 June, 2020.

“We have requested the telecom operators to file audited Balance Sheets, for the last 10 years including for the Calender year ending 31.3.2020 as well as the Income Tax Returns and the particulars of AGR deposited during the last 10 years and we have also requested to make payments of reasonable amount also to show their bonafides, before the next date of hearing,” ordered the apex court.