Kingfisher asked to pay dues of 600 mln rupees

NEW DELHI Wed Apr 4, 2012 2:24pm IST

A passenger walks past a near-empty Kingfisher airlines ticketing office at Mumbai's domestic airport March 27, 2012. REUTERS/Vivek Prakash

A passenger walks past a near-empty Kingfisher airlines ticketing office at Mumbai's domestic airport March 27, 2012.

Credit: Reuters/Vivek Prakash

Related Topics

Stocks

   

NEW DELHI (Reuters) - Tax authorities have asked debt-laden Kingfisher Airlines (KING.NS) to clear service tax dues of 600 million rupees 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.

Kingfisher's billionaire chairman Vijay Mallya told its employees earlier this week that the company had paid 200 million rupees of service tax.

(Reporting by Manoj Kumar; editing by Malini Menon)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS EXCLUSIVE

REUTERS SHOWCASE

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Related Story 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Videocon d2h IPO

Videocon d2h IPO

Videocon d2h files for up to $113 million IPOs  Full Article 

Asian Economy

Asian Economy

Asian factories slow in Sept, push inflation ever lower  Full Article 

EBay Divests PayPal

EBay Divests PayPal

EBay follows Icahn's advice, plans PayPal spinoff in 2015  Full Article 

New 'Windows'

New 'Windows'

Microsoft names next operating system 'Windows 10'.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage