Mumbai, Dec 8: Debt-ridden Air India and Kingfisher hit an air pocket again with some of their bank accounts being frozen by central tax authorities for non-payment of service tax to the tune of Rs 220 crore collected from passengers.
“We have frozen 11 accounts of Air India and 10 accounts of Kingfisher Airlines for defaulting on service tax payments over the past five days,” Commissioner of service tax, Zone 1 (Mumbai Commissionerate, Central Board of Excise and Customs) S K Solanki told PTI here today.
From: http://ping.fm/k8MIC
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