Supreme Court orders companies to pay ___ billion in GIDC “Gas Infrastructure Development Cess” case?

A. Rs 400 billion
B. Rs 417 billion
C. Rs 500 billion
D. Rs 530 billion

Answer

Correct Answer: B. Rs 417 billion


Detailed About MCQs

The Supreme Court on Thursday, August 13, 2020, announced its reserved judgment on Gas Infrastructure Development Cess (GIDC), dismissing petitions challenging the imposition of cess. The total amount involved in the GIDC litigation from January 2012 till December 2018 is Rs417 billion.