Economy

Kingfisher starts paying up

Our Bureau New Delhi | Updated on November 15, 2017

CBEC has said that debt-laden Kingfisher Airlines has now become regular in paying its service tax dues.

The CBEC Chairman, Mr S K Goel said that the airline paid Rs 15 crore in April towards settlement of service tax arrears. With this, its total arrears have come down to Rs 54 crore.

Similarly, it is paying Rs 4-5 crore every month towards regular monthly dues. Just a few months back, the board attached various bank accounts of the airlines as it defaulted in paying the service tax.

Published on May 22, 2012

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

null
This article is closed for comments.
Please Email the Editor

You May Also Like