New NHAI circular on toll tax will cause highway operators loss of ₹4,000 crore: HOAI to Delhi High Court

New NHAI circular on toll tax will cause highway operators loss of ₹4,000 crore: HOAI to Delhi High Court

The Delhi High Court has directed the National Highways Authority of India (NHAI) not to take coercive action against concessionaires over its September 13 circular on toll tax calculation.

The circular revises the “linking factor” used to convert wholesale price index (WPI) data between different base years. The Highway Operators Association of India (HOAI) and Roadstar Infra Investment Trust (RIIT) contended that the change would result in losses of around ₹4,000 crore for highway operators.

The Court noted the concessionaires’ concerns and listed the matter for further hearing on October 17.

[Highway Operators Association (I) v. NHAI & Anr]

5 hours ago

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