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Kingfisher asked to pay Rs 600 mn in service tax soon: Official

Kingfisher asked to pay Rs 600 mn in service tax soon: Official
New Delhi Tax authorities have asked debt-laden Kingfisher Airlines 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.

(Copyright Thomson Reuters 2012)
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