SC asks Essar to pay tax dues to Gujarat in 8 tranches with interest
September 13, 2012
New Delhi, 13 September 2012
The Supreme Court (SC) has asked Essar Oil to pay Rs 5,200 crore tax dues in eight installments to Gujarat government with 10% interest on dues from January 2012.
Last month, Essar had sought five years time from the Supreme Court to pay sales taxes to Gujarat government. However, the Gujarat government wanted Essar to pay tax dues in six months.
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