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Tata Steel Gets Rs 1,903-Crore Demand For Mineral-Dispatch 'Shortfall'

  • Tata Steel has received a demand letter of Rs 1,903 crore for a shortfall in supply of minerals from the Sukinda Chromite block.
  • The demand is based on the revised assessment of the shortfall, indicating violations of rules and appropriation of performance security.
  • Tata Steel's management refutes the allegations and plans to pursue legal remedies against the State's demands.
  • In a separate incident, Tata Steel was issued a notice regarding irregular availing of input tax credit worth Rs 890.5 crore.

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