Jet’s IATA accounts frozen?

Victoria
By Victoria March 12, 2012 15:22

Jet’s IATA accounts frozen?

The Indian Revenue Department has today said that it has frozen the IATA accounts of Jet Airways for delay in payment of service tax dues worth Rs 69 crore for months of January and February. The Revenue Department had sent notice on last Friday to Jet Airways cautioning the airline that its accounts would be frozen if it fails to clear the service tax.
A Jet spokesperson said “the Service Tax Department has been in touch with IATA with regards to having their proceeds remitted when the collections are remitted to Jet Airways”. The spokesperson said “no bank account of the airline have been frozen or attached
One party has to be wrong – The next few hours will no doubt let us know which it is.

Victoria
By Victoria March 12, 2012 15:22
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