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Kingfisher, AI owe Government Rs 360 cr in service tax arrears
Two major airline companies facing financial blues - Kingfisher Airlines and Air India (AI) owe the Government a total of Rs360 crore towards service tax dues, according to Finance Ministry officials. “While the Kingfisher Airlines has paid Rs20 crore towards service tax for December and some arrears, the airline still owes Rs 60.33 crore,” said CBEC Chairman SK Goel.
The Vijay-Mallya promoted airlines made the Rs20 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 Rs300 crore to the Government. Of this, it has already paid Rs10 crore and he added that discussions are on to pay the remaining amount.
Two major airline companies facing financial blues - Kingfisher Airlines and Air India (AI) owe the Government a total of Rs360 crore towards service tax dues, according to Finance Ministry officials. “While the Kingfisher Airlines has paid Rs20 crore towards service tax for December and some arrears, the airline still owes Rs 60.33 crore,” said CBEC Chairman SK Goel.
The Vijay-Mallya promoted airlines made the Rs20 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 Rs300 crore to the Government. Of this, it has already paid Rs10 crore and he added that discussions are on to pay the remaining amount.
