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Kingfisher asked to clear $12 million service tax dues soon: Official

Tax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of 600 million rupees ($11.84 million) at the earliest.

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Tax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of 600 million rupees ($11.84 million) at the earliest, a top finance ministry official said on Wednesday.

"There is no question of leeway to Kingfisher on payment of service tax," SK Goel, chairman of India's Central Board of Excise and Customs, told reporters.

Goel also said the airline's bank accounts have been defrozen.
 

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