Tax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of Rs 600 million ($11.84 million) at the earliest, a top finance ministry official said on Wednesday.
"There is no question of leeway to Kingfisher on payment of service tax," S.K. Goel, chairman of India's Central Board of Excise and Customs, told reporters.
Goel also said the airline's bank accounts have been defrozen.
Earlier, the service tax department - for the fourth time in four months - had frozen 40 bank accounts belonging to the airlines as it had failed to meet the Feb 29 deadline for clearing its dues of Rs.40 crore to the department.
Kingfisher's billionaire chairman Vijay Mallya told its employees earlier this week that the company had paid Rs 200 million of service tax.
In an email to employees dated April 1, Mallya, fighting with his back to the wall after reports emerged that he was considering selling his flagship assets such as United Breweries that his father late Vittal Mallya and later he himself had so meticulously acquired piece by piece, was direct in his email stating his problems.
04/04/12 Economic Times
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