New Delhi: Cash-strapped Kingfisher Airlines has paid Rs 15 crore as service tax dues in April this year but is still to pay up Rs 54 crore arrear, Central Board of Excise and Customs (CBEC) Chairman SK Goel said on Monday.
"They (Kingfisher Airlines) are paying their monthly dues every month. They are also paying their arrears. Last month, they paid about Rs 15 crore...Rs 54 crore total arrears left," Goel said.
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New Delhi: Tax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of Rs 60 crore at the earliest, a top finance ministry official said on Wednesday. "There is no question of leeway to Kingfisher on payment of service tax," SK Goel, chairman of India's Central Board of Excise and Customs, told reporters. Goel also said the airline's bank accounts have been defrozen. Kingfisher's billionaire chairman Vijay Mallya...
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Mumbai: Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million rupees, local media reported on Sunday. "They have 24 hours to make the payment, failing which their accounts will be frozen," SK Goel, chairman of the Central Board of Excise and Customs, was quoted by the Business Standard newspaper as saying. In a...
01:31 AM, Mar 12, 2012
New Delhi: The Central Board of Excise and Customs (CBEC) on Friday said that it has frozen the bank accounts of Kingfisher Airlines for its failure to pay service tax arrears. "They were paying Rs 1 crore per day. For past few days there has been an interruption. They have not been able to pay, so we have frozen their accounts 2-3 days ago by issuing a letter to the...
07:00 PM, Feb 24, 2012
