Many Kingfisher Airline's Jet Aircrafts Impounded

The grounded Kingfisher Airlines faced another blow when at least seven of its aircraft parked at Mumbai airport were impounded by the service tax department for its failure to pay around Rs200 crore as dues.

According to sources, the order was passed by MRR Reddy, the additional commissioner of service tax (Mumbai) on Friday.The order stated that Kingfisher Airlines has not paid an estimated Rs63 crore apart from the interest payable on it thereon. In addition, the airline also needs to pay around Rs128 crore in other dues. The airline, on its part, had approached the higher authorities to order a stay on the impounding of its aircrafts, but failed to get it.

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7 Kingfisher jets impounded Daily News & Analysis The grounded Kingfisher Airlines faced another blow when at least seven of its aircraft parked at Mumbai airport were impounded by the service tax department for its failure to pay around Rs200 crore as dues. According to sources, the order was passed ... See all stories on this topic »

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