Published on 23/01/2020 5:35:46 PM | Source: Live Mint

Reliance Jio clears its AGR dues of 177 crore

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Reliance Jio Infocomm paid its statutory due of ₹177 crore to the government, according to PTI. Reliance Jio becomes the only telecom companyto clear the dues within Supreme Court deadline of 23 January. Mukesh Ambani-led telecom company pays ₹195 crore to department of telecom (DoT) to clear all AGR dues until January 31, 2020, reported PTI.

The DoT will not take any coercive action against telcom operators for non-payment of AGR dues until further court orders.

The Supreme Court had set January 23 as the deadline to pay AGR dues.

Both Airtel and Vodafone have requested the government to give them time to make payment based on the outcome of their modification petition listed for hearing before the Supreme Court next week.
Telecom companies owe the government ₹92,642 crore in unpaid licence fee, and another ₹55,054 crore in outstanding spectrum usage charges. These liabilities arose after the Supreme Court in October held that non-telecom revenues have to be considered for calculating statutory dues.

In the case of Bharti Airtel, the liabilities added up to nearly ₹35,586 crore, of which ₹21,682 crore is licence fee and another ₹13,904.01 crore is the SUC dues (not including the dues of Telenor and Tata Teleservices).

In the case of Vodafone Idea, this number stands at a cumulative ₹53,038 crore, including ₹24,729 crore o