Wednesday, January 11, 2012

Kingfisher, Air India owe government Rs 360 crore towards service tax dues

New Delhi: Debt-ridden Kingfisher Airlines and Air India owe the government a total of over Rs 360 crore towards service tax dues, a senior Finance Ministry official said today.
"While the Kingfisher Airlines has paid Rs 20 crore towards service tax for December and some arrears, the airline still owes Rs 60.33 crore," Chairman of Central Board of Excise and Customs (CBEC) S K Goel told reporters here.
The Vijay-Mallya promoted airlines made the Rs 20 crore payment in January, he said adding the carrier has promised to clear all dues by March-end.
Goel also said the state-owned Air India owes Rs 300 crore to the government.
10/01/12 PTI/Economic Times
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