Essar hit as Indian Supreme Court raises sales tax deferral risk

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Essar hit as Indian Supreme Court raises sales tax deferral risk

Joe Dalton
January 20 2012
essar-logo.jpg

Indian companies that defer the payment of sales tax are running a serious risk if they fail to meet agreed production start dates, following the Supreme Court’s ruling against Essar Energy on Tuesday.

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Joe Dalton worked at ITR between 2011 and 2013
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