Guwahati, July 25 (PTI): Public sector undertaking Numaligarh Refinery Limited (NRL) has emerged as the highest Corporate Tax Payer in the North Eastern Region for the Assessment Year (AY) 2017-18, a company release said today.
A Category-I Miniratna PSU having the largest installed capacity of 3.0 MMTPA in the North-East, the NRL has paid Corporate Income Tax of INR 934.97 crore for the AY 2017-18, the release said.
The refinery has also paid Dividend Distribution Tax of INR 202.17 crore, taking the tally of total taxes paid to INR 1137.14 crore.
During FY 2017-18, the company’s revenue from operations has increased by 14.17 per cent to INR 15,923.19 crore as against INR 13,946.92 crore during FY 2016-17.
Profit for the FY 2017-18 was impressive at INR 2,044.65 crore as against INR 2,100.57 crore in FY 2016-17, the release said.
Post commissioning of its Wax Plant in March, 2015, the NRL has emerged as the largest Wax producing unit in the country, the release added.
