Binani Cement on Saturday said that it is committed to making payment of the liability and is not in any manner trying to default.
The company was questioned by the Supreme Court the previous day for not paying sales tax.
In a statement issued by R S Joshi, president (corporate affairs), the company said it is only seeking instalments for making the payment as provided under law.
"The Company is committed towards making payment of the liability and is not in any manner trying to default the same but is only seeking instalments as provided under the law," the statement said.
The company said it started making payments towards the liability right from March 2013 every month and had paid about Rs 20 crore during the pendency of the application for instalments before the Sales Tax Department.