Kingfisher failed to pay service tax arrears; accounts frozen- NewsX

NewsX 2019-03-01

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Trouble mounts for Kingfisher airlines, The Central Board of Excise and Customs has frozen the bank accounts of kingfisher airlines for its failure to pay service tax arrears . The airline had an outstanding indirect tax arrears of Rs. 720 crores of which Rs 35 crore is still due from Kingfisher.

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