Monday, December 12, 2011

Kingfisher Airlines: Vijay Mallya meets Central Board of Excise and Customs chief, seeks defreezing of accounts

Debt-ridden Kingfisher Airlines' promoter Vijay Mallya today called on CBEC Chairman S K Goel and sought de-freezing of the carrier's bank accounts, a senior Finance Ministry official said.

Last week, the Central Board of Excise and Customs (CBEC) had frozen 10 accounts of Kingfisher Airlines for allegedly defaulting on service tax it has collected from passengers.

Last week, Goel had said that Kingfisher owed Rs 110 crore towards service tax for April-November period.

Mallya has promised to clear November service tax dues within a day, the Finance Ministry official said.

"Vijay Mallya is seeking to resolve the issue and he will pay November service tax (dues) by tomorrow morning," an official said requesting anonymity.

The November service tax dues are estimated at Rs 10-15 crore.

Coming out after meeting Goel at North Block, Mallya refused to speak to waiting reporters.

Sources said Mallya also assured that the remaining service tax dues of Kingfisher would be cleared by March 31, 2012.

http://www.dnaindia.com

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