Air India clearing service tax dues

Mumbai: The crisis-ridden Air India on Thursday said it is making service tax payments, after tax authorities froze its bank accounts for dues of over Rs 300 crore. "We are making on-account payments and having the bank accounts released," an AI official told PTI late in the Thursday evening. This is the second time in […]

Mumbai: The crisis-ridden Air India on Thursday said it is making service tax payments, after tax authorities froze its bank accounts for dues of over Rs 300 crore. "We are making on-account payments and having the bank accounts released," an AI official told PTI late in the Thursday evening.

This is the second time in two months that Central Board of Excise and Customs Department has acted against AI. In December, the department had frozen as many as 11 accounts of AI, and 10 of the private carrier Kingfisher.