Economy

Apex court admits Reliance Ind plea on sales tax dispute with Maharashtra

PTI New Delhi | Updated on March 14, 2011

The Supreme Court today admitted a petition filed by Reliance Industries over a dispute on imposition of sales tax on purchase and return of Linear Alkyl Benzene Feed Stock (LABFS) to Bharat Petroleum after it processed it at its chemical plant at Patalganga.

A bench comprising Mr Justice B. Sudershan Reddy and Mr Justice S.S. Nijjar today admitted the petition filed by RIL and posted the matter in July for the final hearing. The apex court also issued notice to Maharashtra State Government and directed it to file a reply.

BPCL had entered into an agreement with RIL on August 24, 1992 for the supply of LABFS through a pipe line from its refinery at Mahul to the petro chemical plant of Mukesh Ambani group at Patalganga.

Published on March 14, 2011

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