17 February,2020 10:37 AM IST | New Delhi | PTI
This picture has been used for representation purpose
New Delhi: After Supreme Court rap and the government's stringent deadline, Bharti Airtel on Monday said it has paid Rs 10,000 crore to the telecom department towards statutory dues. The company said it will make payment of the balance amount after self assessment exercise. "The...total amount of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor.
"We are in the process of completing the self assessment exercise expeditiously and will duly make the balance payment upon completion of the same, before the next date of hearing in the SC," Bharti Airtel said. The company said it will also submit supporting details at the time of making balance payment. The telecom department on February 14 began issuing orders asking firms such as Bharti Airtel and Vodafone Idea to clear past dues immediately.
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, had started issuing circle or zone-wise demand notices to the firms. Airtel had previously responded to DoT order by offering to pay Rs 10,000 crore by February 20 and the remaining before March 17. Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government.
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates
ALSO READ
Downdetector shows Airtel outage in several cities; co sources say issue was confined to Ahmedabad
Airtel, Holoware to invest in Bihar under new IT policy; total proposal exceeds Rs 4,000 cr
Sensex rebounds 759 pts, Nifty ends above 24,100 on gains in Airtel, RIL
Airtel rolls out 4G network in Galwan, Daulat Beg Oldie
Markets slip in early trade as foreign funds continue outflows
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever