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Supreme Court dismisses Essar Oil's plea to extend time to pay tax dues as Gujarat govt unwilling

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The apex court's order was passed after the company sought at least three years time to pay the dues. (AP) The apex court's order was passed after the company sought at least three years time to pay the dues. (AP)
SummaryWe could have done something but the state govt is not agreeing, says Supreme Court on Essar Oil.

within six months.

Essar Oil Ltd had approached the apex court against the order of the Gujarat High Court which had refused any relief to it for making the payment in instalments.

Essar Oil had availed Gujarat government's 'Capital Investment Incentive to Premier/Prestigious Unit Scheme, 1995-2000' for its Rs 1900-crore Vadinar plant in Jamnagar district as a 100 per cent export-oriented unit for refining of petroleum products with a capacity of nine million tonnes per annum.

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