New Delhi: Telecom company Bharti Airtel on Saturday said it has made an additional payment of Rs 8,004 crore to the Department of Telecommunications (DoT) under adjusted gross revenue (AGR) arrears.
Following the Supreme Court order, the company has already paid Rs 10,000 crore on 17 February 2020 and an additional payment of Rs 8,004 crore was made on Saturday. The company said that it has calculated the liabilities till 31 December 2019 on the basis of self-assessment and the payment includes interest till 29 February 2020.
Bharti Airtel said that as part of the adjusted gross revenue decision, the company self-assessed from FY 2006-07 to 31 December 2019 and calculated interest on it till 29 February 2020.
According to this, Airtel owes about Rs 35,586 crore as per the estimates of Paid DoT on 17 February 2020 from the Bharti group companies, including license fee, spectrum usage charges, interest on dues, fines and interest on fines.
