Cash-strapped Kingfisher Airlines has paid Rs 15 crore as service tax dues in April this year but is still to pay up Rs 54 crore arrear, Central Board of Excise
Five months after its accounts were frozen for non-payment of taxes and duties, crisis-ridden Air India has piled up about Rs 454 crore of dues but has promised to clear
Civil Aviation Ministry is learnt to have strongly opposed the budget proposal imposing a four-time hike in service tax on air travel, terming it a retrograde step that would hit
Revenue department detected central excise and service tax evasion of over Rs 13,620 crore in the 11-month period till February of 2011-12 fiscal, the government said today.
Besides, during the
The tax department today said it will not provide any "leeway" to Kingfisher Airlines in paying arrears of about Rs 60 crore and the firm has to pay the dues as soon as possible.
Telephone calls, restaurant bills and other activities will cost more from today with the budgetary proposal of raising service tax rate to 12 per cent coming into effect from Sunday.
Comptroller and Auditor General of India (CAG) today said that there over 10,300 cases of fraud involving over Rs 19,159 crore in service tax and central excise duty during 2008-11.
Cash-strapped Kingfisher Airlines, which has massively cut down operations including completely winding up international services, has agreed to pay only up to Rs 10 crore of its Rs 76-crore service
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