has paid Rs 2,941 crore of tax dues and Rs 756 crore of interest but is now unable to pay the fourth instalment.
The apex court's order was passed after the company sought at least three years time to pay the dues. The Gujarat government had sought the payment of dues 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.