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HomeBusinessAGR dues on telecom operators are Rs 1.65 lakh crore: Minister of...

AGR dues on telecom operators are Rs 1.65 lakh crore: Minister of State for Communications

AGR liability of Rs 31,280 crore on Bharti Airtel till FY 2018-19, Rs 59,236.63 crore on Vodafone Idea

AGR dues on telecom operators increased

Telecom Operators (Telecom operators) on the total outstanding of Adjusted Gross Revenue (AGR Dues) Rs 1.65 lakh crore, the government informed about this in Parliament today. These figures are for the financial year 2018-19. According to the data released by Minister of State for Communications Devusinha Chouhan in the House, the calculation for the entire financial year 2018-19 has increased as compared to the previous order. Vodafone Idea has the highest share in the total dues (Vodafone Idea) is of. Earlier this month, the TDSAT ruled that the government cannot exempt companies under its control from paying AGR on the ground that they get very little revenue from telecom-related services.

whose share in the arrears

According to the data released, till the financial year 2018-19, the AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore. In a written reply to a question in the Lok Sabha, Chouhan said, the figures are outstanding till the financial year 2018-19 and amendment is possible due to information given by telecom service providers, departmental assessment, CAG or special audit, court cases etc. Is.” On the other hand, dues of telecom operators such as Reliance Communications (including Systema Shyam) and Aircel, which have closed business, remain unchanged at Rs 25,194.58 crore and Rs 12,389 crore, respectively. Telecom operators had made partial payment of the demand made from them as per the order dated September 1, 2020, for calculation up to October 2019. The September 2020 demand generally includes the total outstanding amount calculated up to the financial year 2016-17 and interest on the total demand till October 2019, interest on penalty and penalty

Public companies not exempted from AGR payment

The Telecom Disputes Settlement Appellate Tribunal (TDSAT) had recently said that the government cannot exempt companies under its control from payment of Adjusted Gross Revenue (AGR) on the ground that they get very little revenue from telecom related services. TDSAT has said in an important order that public sector companies can be exempted from payment of AGR only when that exemption is being given to private sector telecom companies as well. In this order issued on the review petition filed by Netmagic Solutions and Data Engineers Global, TDSAT has said that the government cannot exempt public sector companies from paying AGR.

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Source: www.tv9hindi.com

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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