Telcos owe around Rs 22,589 crore as licence fees; rest Rs 70k crore is interest, penalty

Telecom corporations’ unpaid licence charges quantity to Rs 22,589 crore, whereas curiosity and penalties took the whole legal responsibility to Rs 92,641 crore, sources mentioned.

Licence charge is the foremost part of the whole Rs 1.47 lakh crore AGR (Adjusted Gross Revenue) dues owed by each operational and non-operational telecom corporations to the federal government until July 2019.

Besides licence charges, telecom corporations owe Rs 55,054 crore in spectrum utilization costs (SUC), as per estimates of the Department of Telecommunications (DoT).

As telecom operators scramble to adjust to Supreme Court order on AGR dues, the sources mentioned precise pending legal responsibility concerning licence charges is Rs 22,589 crore.

The steadiness 74 per cent of the whole licence charge dues of Rs 92,641 crore is on account of curiosity on this quantity, penalty and curiosity on penalty.

Out of the whole unpaid primary licence charge, telecom corporations which can be operational collectively owe round Rs 16,746 crore, based on the estimates ready by the DoT in July 2019.

The unpaid licence charges of Bharti Airtel was assessed at Rs 5,528.52 crore, Vodafone Idea Rs 6,870.69 crore, Tata Group Rs 2321.31 crore, Telenor (now merged with Airtel) Rs 529.02 crore, BSNL Rs 614 crore and MTNL Rs 876.39 crore.

“These estimates were prepared in July. Fresh calculation is in process,” an official supply mentioned.

Meanwhile, Bharti Airtel has paid Rs 10,000 crore, Vodafone Idea Rs 3,500 crore and Tata Group Rs 2,197 crore for each licence charge and SUC dues.

Another supply instructed that the DoT has discovered that circle workplaces haven’t adopted uniform course of and have been “cherry picking” figures submitted by telecom operators within the calculation of AGR dues.

The DoT on February Three issued a letter with tips to all Controller General of Communication Accounts to reconcile AGR dues and requested them to present 15 days time to operators for the submission of appeals and paperwork associated to deductions they make within the closing fee, sources mentioned.

“Any delay in payment of licence fee payable, or any other dues payable under the licence beyond the stipulated period attracts interest at rate which will be 2 per cent above the prime lending rate of SBI,” the official supply mentioned.

The official additional added that within the case the whole quantity paid as quarterly licence charge for the 4 quarters of the monetary yr falls brief by greater than 10 per cent of the payable licence charges, then a penalty of 50 per cent of the complete brief fee is levied on the telecom operators.

According to estimates ready by the DoT for whole dues, Airtel owes almost Rs 35,586 crore, together with licence charge, spectrum utilization costs with curiosity on unpaid quantity, penalty and curiosity on penalty.

Vodafone Idea is watching dues price round Rs 50,000 crore. Similarly, Tata Teleservices owes round Rs 11,600 crore, BSNL Rs 4,989 crore and MTNL Rs 3,122 crore.

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