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SC rejects Essar Steel's plea seeking exemption from power dues in Gujarat

The state government had first refused Essar group's claims for duty exemption in 2003

ANI  |  New Delhi 

Supreme Court

In a major setback to Steel, the on Tuesday rejected their plea seeking exemption from payment of dues to the Government.

A Bench of the apex court headed by Justice Arjan Kumar Sikri and also comprising Justice Ashok Bhushan, directed payment of Rs 1,038 crore of dues by Steel to the Government.

The Steel has ready paid around Rs. 500 crore.

The had first refused group's claims for duty exemption on in 2003.

has been seeking duty exemption for its plant set up at but the government had rejected its demand, as it sold to other entities.

The had first refused group's claims for duty exemption on in 2003. It had asked the company to pay more than Rs 1,000 crore that was allegedly due.

group had then approached the High Court which had last year asked the company to pay the duty to the It was also rejected by the High Court.

then challenged it before the Apex Court, which also rejected its plea.

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