Jindal Steel & Power (JSPL) has deposited additional levy of Rs 1989.83 crore with the Government. Moreover, the company’s arm Jindal Power has deposited additional levy of Rs 1099.41 crore with the Government.
The payment deposit of Additional levy is without prejudice to company’s legal rights and remedies including but not limited to challenge the imposition and computation of the additional levy and reserves all its legal rights to challenge this computation.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.