The Services Tax Department has impounded a plane of the troubled Kingfisher Airlines for non-payment of Service Tax dues amounting to Rs.63 crore. The total dues are said to be Rs.190 crore while Kingfisher has contested the claim to the tune of Rs.127 crore.
Four more Airbus planes of Kingfisher are said to have been taken back by their lessor International Lease Finance Corporation for non-payment of overdue lease payments. Both ILFC and Kingfisher Airlines have refused to confirm the reports and otherwise comment on them.
All the five planes are said to be parked in Mumbai airport.
Tags: ILFC Kingfisher Airlines Kingfisher Financial Crisis Service Tax Dues of Kingfisher Airlines